The import of fluoro-polymers to China saw a mixed trend over the past years, fluctuating significantly. In 2023, the import stood at 14.401 Million Kilograms. From 2021 to 2023, year-on-year variation was positive, with growth rates of 18.11% in 2021, 8.45% in 2022, and 2.88% in 2023. The last five years reflected an average annual growth rate (CAGR) of 2.94%. Forecasts for 2024 and beyond indicate steady growth, projecting an import volume of 16.469 Million Kilograms by 2028, demonstrating a future 5-year CAGR of 2.17% and a growth rate of 11.3%.
Future trends to watch for:
- Technological advancements driving demand for high-performance fluoro-polymers
- Regulatory changes impacting trade policies
- Economic growth and industrial development in China
- Potential supply chain disruptions
