In 2023, the import value of wooden packing cases, boxes, and pallets to China was approximately 26.8 million USD. The forecasted data indicates a consistent annual growth from 2024 to 2028, with values increasing steadily each year. From 2024 to 2028, we observe an average annual growth of around 2.98%, marking a compound annual growth rate (CAGR) over this five-year period.
Future trends to watch for include:
- The growing demand for packaging solutions driven by the expansion of e-commerce, which may further bolster import volumes and values.
- China’s environmental policies and how they might affect imports of wooden materials, encouraging sustainable and recyclable packaging options.
- Potential fluctuations in international trade policies and tariffs, which could impact import costs and economic competitiveness.