In 2023, China's import of lead and articles thereof stood at approximately 466 million US dollars. From 2024 to 2028, the forecast shows a steady annual increase with values reaching around 573 million US dollars by 2028. This indicates a compound annual growth rate (CAGR) of approximately 4.2% over the five-year period. Year-on-year variations reflect consistent growth between 2024 and 2028: a 4.6% increase from 2024 to 2025 and 4.2% from 2025 to 2026, with similar growth patterns continuing thereafter.
Future trends to watch for include:
- Changes in global lead prices and how they impact import costs.
- China's domestic lead production capabilities and regulatory policies affecting imports.
- Environmental regulations impacting lead use and import demand.
- Potential trade agreements or disputes influencing lead imports.