In 2024, re-imports of parts for household or laundry-type washing machines to China are forecasted at 86.31 thousand kilograms. This marks a decrease from 2023 levels, continuing a downward trend observed in the forecasted data through 2028, where the volume diminishes significantly to 41.57 thousand kilograms. Year-on-year, there is a consistent decline, with average annual reductions indicating a challenging market environment. The compound annual growth rate (CAGR) over the five years forecasts a steady trend of diminishing import volumes.
Future trends to watch for include potential influences of technological advancements on domestic manufacturing, reducing dependency on imports, and shifts in global trade policies that might affect import volumes further.
