Forecast: Re-Import of Compressors for Refrigerating Equipment to China

In 2023, the re-import of compressors for refrigerating equipment to China stood at 15.7 million kilograms. Forecasts for 2024 predict a volume of 16.08 million kilograms, marking a year-on-year increase of approximately 2.4%. Over the next five years, the compounded annual growth rate (CAGR) is projected to be around 2.5%, with the volume reaching 17.653 million kilograms by 2028.

Future trends to watch for include:

  • Technology advancements could optimize compressor efficiency, potentially influencing import volumes.
  • Environmental regulations might affect the demand for certain types of refrigerating equipment, impacting import needs.
  • Economic shifts in China could alter manufacturing decisions, affecting the balance of local production versus imports.

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