In 2023, China's import of carded or combed artificial staple fibres was recorded at an unspecified value higher than the 2024 forecast of 1.8763 million USD. From 2024 onwards, the forecasts show a steady decline in import value, with a decrease of 1.75% from 2024 to 2025, and subsequent annual declines averaging 1.75% until 2028. The compounded average growth rate (CAGR) indicates a consistent downtrend over these five years.
Key future trends to monitor:
- Potential shifts in domestic production capabilities that might influence import dependency.
- Trade policies and global economic conditions that could impact import costs and demand.
- Technological advances in fibre production both domestically and internationally.
