The import of thread rolling machines for working metal to China is projected to decline steadily from 2024 to 2028, starting with a value of 403 in 2024 and decreasing by approximately 4% year-on-year until reaching 345 in 2028. This consistent downward trend reflects a compound annual growth rate (CAGR) of -3%, suggesting a gradual contraction in demand or a shift towards domestic production capabilities. In 2023, the actual imported value stood as the comparative benchmark for these projections.
Future trends to watch for include potential shifts in China's industrial policies, technological advancements, increasing domestic production, and any external economic factors that may alter import demands for machinery.
