In 2023, the import value of brake system parts (excluding linings) for motor vehicles to China was approximately 1.326 billion US dollars. The forecast data from 2024 to 2028 shows a consistent annual increase, indicating a positive growth trend, with values rising from 1.3562 billion US dollars in 2024 to 1.4784 billion US dollars by 2028.

The year-on-year percentage increase is approximately 2.32% for each consecutive year. This steady growth translates to a compound annual growth rate (CAGR) of about 2.35% over the five-year forecast period.

Future trends to monitor include:

Technological advancements in brake systems, driving demand for newer, high-quality components.
Economic factors and policy changes in China that could affect import dynamics.
The rise of electric vehicles, which may alter the traditional brake part market landscape.