In 2023, the import of copper-nickel or copper-nickel-zinc base alloy wire to China stood at a certain level from which a downward trend is projected. From 2024 to 2028, forecasts indicate a steady decline in imports, decreasing from 260.22 thousand kilograms in 2024 to 192.34 thousand kilograms in 2028. This represents a year-on-year decrease of approximately 6.7%, following a clear downward trajectory year after year.

Over the five-year period, the compound annual growth rate (CAGR) reflects a negative growth, signaling a consistent drop in the volume of imports. The long-term trend suggests a shrinking demand for these alloy wires in China.

Future trends to watch for include:

The impact of domestic production increases on import levels.
Technological advancements that may reduce the need for such imports.
Fluctuations in global commodity prices affecting demand and supply chains.
Regulatory changes in environmental policies that might influence material usage.