In 2023, the import volume of hot-rolled iron or non-alloy steel in coils exceeded that of 2024, where it is forecasted at 109.16 million kilograms. Over the subsequent years, a consistent decline is projected, with values reaching 78.266 million kilograms by 2028.
- The year-on-year variation from 2024 to 2025 is estimated at a reduction of 7.3%.
- From 2025 to 2026, the decline is expected to be 7.71%.
- A decrease of 8.2% is forecasted between 2026 and 2027.
- The period between 2027 and 2028 predicts an 8.7% reduction.
- The compounded annual growth rate (CAGR) for the forecast period from 2024 to 2028 is approximately -7.65%.
Future trends to watch include potential policy shifts affecting trade, technological advancements in production affecting supply chains, and fluctuating demand in key sectors such as automotive and construction, all of which may alter the forecasted decline trajectory.
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