In 2023, China imported carbides worth approximately USD 9.0 million. The forecasted data for 2024 indicates a value of USD 9.3081 million, showing a steady year-on-year increase in imports. From 2024 to 2028, the import value is projected to rise consistently, reaching USD 10.652 million by 2028. The Compound Annual Growth Rate (CAGR) over these five years suggests an average annual increase of about 3.4%.

Future trends to observe include:

Potential impact of global economic fluctuations on carbide prices.
Technological advancements within the carbide industry potentially affecting demand.
China's policy shifts towards sustainable production, which may influence import levels.