In 2023, the re-import value of polyacetals, polyethers, and polycarbonates to China stood at a certain level. Forecasted data from 2024 to 2028 shows a consistent decrease in the import values, reflecting a gradual reduction in demand or substitution with local production. By 2024, the import value is expected to start at $570 million and decline steadily to reach $557.13 million by 2028.
Year-on-year, the import values show slight decreases: 0.58% in 2025, 0.57% in 2026, 0.57% in 2027, and 0.56% in 2028. The Compound Annual Growth Rate (CAGR) for this period points to a subtle decline, highlighting a consistent negative growth trend annually.
Future trends to watch for include technological advancements in local industries, potential changes in trade policies, and shifts in demand as China continues to develop its material science capabilities. Monitoring environmental regulations and their impact on traditional polymer imports will also be crucial.
