In 2023, China's import of mixing and kneading machines for minerals except bitumen stood at an estimated 31 million US dollars. The projected data from 2024 to 2028 indicates a consistent downward trend, with the value decreasing annually. Year-on-year variations are approximately decreasing by about 7.24% each year from 2024 to 2025 and by a compounded annual growth rate (CAGR) of around -6.07% over the five-year period from 2024 to 2028.
Future trends to watch for:
- Technological advancements in domestic production potentially reducing reliance on imports.
- Government policies encouraging local manufacturing of such machinery to support industrial autonomy.
- Economic factors and supply chain dynamics influencing import volumes.