The re-import of chenille fabric of manmade fibres to China is anticipated to slightly increase over the forecast period from 2024 to 2028, with values rising from 251.0 thousand US dollars in 2024 to 259.23 thousand US dollars by 2028. As of 2023, the re-import value stood at an estimated 248.9 thousand US dollars. The year-on-year growth averages approximately 0.9% to 1.1%, indicating steady yet modest growth. Looking back over a longer term, the compound annual growth rate (CAGR) for this period is projected at around 0.8%.
Future trends to monitor include potential shifts in global supply chain dynamics which could impact the cost-effectiveness of re-importing, changes in tariff policies, and the influence of technological advancements in the textile industry enhancing production capabilities locally which might reduce the dependency on re-imports.
