The forecast predicts a consistent decrease in the import of silicones to China from 2024 to 2028, with volumes anticipated to drop from 113.59 million kilograms in 2024 to 110.15 million kilograms in 2028. Reflecting the last two years’ predicted data, the imports are diminishing year-on-year by approximately 0.78% to 0.84%. Calculating the compounded annual growth rate over these years yields an annual decline of about 0.79%.
Future trends to watch for include potential impacts of geopolitical changes affecting trade agreements, advancements in domestic silicone production technology, and shifts in industrial demands within China, which could accelerate or reverse the declining import trajectory.
