The import of dictionaries and encyclopedias to China in 2023 stood at a higher value than the forecasted figures for the following years, indicating a declining trend. The data reveals a consistent decrease from 2024 to 2028, with each subsequent year showing a lower import value. The year-on-year decrease from 2024 to 2025 is approximately 2.67%, while from 2025 to 2026 it is about 2.68%. The five-year Compound Annual Growth Rate (CAGR) suggests an average annual decline of around 2.7% from 2024 to 2028.
Future trends to watch for include:
- The growing shift towards digital resources and online platforms, potentially reducing the demand for physical dictionaries and encyclopedias.
- The impact of government policies encouraging digital literacy and local publishing, which may influence import volumes.
