In 2023, the re-import of air conditioning equipment and machinery into China was recorded at 15.3 million US dollars. The forecast shows a consistent decline from 2024 to 2028, with values dropping from 14.617 million to 12.063 million US dollars. This reflects a year-on-year decrease estimated at approximately 4.5% on average per annum from 2024 to 2028. The observed trend indicates a gradual decline with a 5-year CAGR of around -4.5%, suggesting a decrease in re-import activity over the projected period.

Future trends to watch for include:

China's domestic production capabilities increase for air conditioning equipment, reducing the need for re-importation.
Advancements in local technology and infrastructure that may reduce dependency on re-imported machinery.
Potential changes in global trade policies and tariffs affecting import costs and decisions.