From 2023 to 2024, the import volume of iron or steel wool, pot scourers, and scouring or polishing pads is expected to show a year-on-year variation of 5.32%, indicating an increase from the 2023 benchmark. Over the subsequent years up to 2028, the trend forecasts a gradual decline in import volumes, with a year-on-year reduction of approximately 1.23% from 2024 to 2025, followed by similar patterns in the following years. The compound annual growth rate (CAGR) over the five-year period indicates an overall average decrease of import volumes by approximately 1.0% per annum.
Future trends to monitor include fluctuations in domestic demand driven by changes in household and industrial cleaning practices, as well as the potential shifts in global supply chains that could impact availability and import costs. Market dynamics, such as the emergence of eco-friendly alternatives, may also influence import trends in the longer term.
