Forecast: Import of Textile Wicks and Gas Mantles to China

In 2023, China's import of textile wicks and gas mantles stood at approximately 61.35 thousand kilograms, serving as a significant benchmark for subsequent forecasts. The import volume is projected to decline over the next five years, with a decrease observed each year: from 2024 to 2025 by 5.04%, 2025 to 2026 by 5.18%, 2026 to 2027 by 5.39%, and 2027 to 2028 by 5.56%. The compound annual growth rate (CAGR) over this period is approximately -5.25%, indicating a consistent negative trajectory in import volumes.

Future trends to watch for include potential shifts in China’s domestic production capabilities for alternative lighting technologies, changes in energy policies, and advancements in product efficiency. Additionally, global economic and trade developments could also influence import demands, as could changes in environmental regulations pushing towards more sustainable and locally sourced alternatives.