In 2023, the re-import of skid chains of iron or steel to China stood at approximately 23.5 thousand US dollars, establishing a baseline for future forecasts.
The forecast indicates a steady year-on-year growth from 2024 to 2028, with values increasing from 24.12 to 27.82 thousand US dollars. This equates to a CAGR of roughly 3.7%, reflecting a moderate rise in demand or value for these products in the upcoming years.
Future trends to watch include fluctuations in global steel prices and trade policies, which may influence the cost-effectiveness and competitive dynamics of re-importing skid chains to China.
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