In 2023, China's import of cellular sheet of polyurethane stood at an actual figure. From 2024 onwards, the forecast suggests a continual decline in imports, with year-on-year reductions from 2024 to 2028. Specifically, this decline averages a compound annual growth rate (CAGR) over five years, indicating a gradual decrease in volume imported each year.
Future Trends to Watch For:
- Potential shifts in domestic production capabilities might reduce dependence on imports.
- Technological advancements could influence the demand for alternative materials.
- Global economic fluctuations might affect trade dynamics, impacting future imports.