Forecast: Re-Import of Non-Refractory Mortars and Concretes to China

The forecasted data for the re-import of non-refractory mortars and concretes to China indicates a steady decline from 2024 to 2028. In 2023, the actual import volume was notably higher than the projections set for subsequent years. Year-on-year analysis reveals a decreasing trend, with volumes expected to decrease by approximately 12.7% in 2025, 14.2% in 2026, 16.2% in 2027, and 19.1% in 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is anticipated to be negative.

Future trends to watch for include:

  • Potential changes in China’s construction industry demands due to economic fluctuations.
  • Impact of technological advancements and local production capabilities on import needs.
  • Trade policy adjustments and their effect on import volumes.

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