The import of merely cut granite to China is forecasted to increase from 253.87 million kilograms in 2024 to 281.5 million kilograms by 2028. This suggests a steady year-on-year growth rate of approximately 2.66% from 2024 to 2028. In 2023, the volume was lower, indicating a positive trend as China increases its reliance on imported granite.
Key future trends to watch for:
- Domestic demand for infrastructure and construction projects, potentially impacting import volumes.
- Shifts in trade regulations and tariffs that could affect international trade dynamics.
- Technological advancements in material processing influencing supply chain efficiency and costs.
- Economic indicators that may enhance or deter growth in the housing and commercial real estate sectors in China.