In 2024, the forecasted import of radiators and parts thereof of cast iron to China is 230.05 thousand kilograms, up from the previous year. This upward trend is expected to continue, with imports projected to reach 266.33 thousand kilograms by 2028. Year-on-year growth rates demonstrate a steady increase, with gains varying between approximately 3-4% annually. The compound annual growth rate (CAGR) over the five-year forecast period is about 3.6%, indicating a consistent rise in import volume.
Future trends to watch for include technological advancements in heating solutions, changes in domestic manufacturing capabilities, and potential shifts in trade policies or import regulations that could impact import volumes. These factors could influence the steady growth forecasted in the coming years.
