Forecast: Import of Welded Hollow Profiles or Tubes of Iron or Steel, of Non-Circular Cross-Section to China

The import value of welded hollow profiles or tubes of iron or steel, of non-circular cross-section to China is forecasted to decline gradually from 34.534 million USD in 2024 to 33.721 million USD in 2028.

Key variations include:

• A slight year-on-year reduction of 0.61% from 2024 to 2025.
• A continued decrease of 0.60% from 2025 to 2026.
• A further reduction of 0.59% from 2026 to 2027.
• An additional decline of 0.58% from 2027 to 2028.
• The Compound Annual Growth Rate (CAGR) over this period indicates an average annual decrease of approximately 0.59%.

Future trends to watch include fluctuations in global steel prices, changes in China's domestic production capabilities, and potential shifts in trade policies or tariffs that may affect import levels.