In 2023, the exports of pulp of wood or of other fibrous cellulosic material, waste, and scrap of paper or paperboard in China stood at an estimated 142 million US dollars. From 2024 to 2028, there is a projected gradual increase in export value, reflecting consistent growth. The average annual growth rate or CAGR from 2024 to 2028 is predicted to be around 3.6%. Year-on-year growth remains steady, with increments of around 3% annually, indicating a stable market expansion during this period.
Future trends to watch for include:
- Potential impacts of global environmental policies strengthening demand for recycled materials.
- Technological advancements in recycling processes increasing export capabilities.
- Fluctuations in global demand due to economic changes in major importing countries.
- China's domestic policy shifts impacting the production and export of these materials.