In 2023, China's import of impregnated, coated, or laminated textile fabric stood at approximately 1.87 billion US dollars. The forecast for 2024 to 2028 shows a steady increase, with values projected to rise each year, reaching 1.93 billion US dollars in 2028. The year-on-year percentage growth is slight, reflecting a stabilized and mature market, with the compounded annual growth rate indicating consistent but moderate expansion.
Future trends to watch for include:
- Technological advancements in textile manufacturing which might impact import demand.
- Policy changes in China's trade regulations that could influence import dynamics.
- Shifts in global supply chains affecting price competitiveness and availability.