The import of brake system parts (excluding linings) to China is forecasted to grow steadily from 95.516 million kilograms in 2024 to 101.54 million kilograms in 2028. Comparing to the actual data from 2023, this indicates a gradual increase in imports each year. The projected year-on-year increase from 2024 to 2025 is 1.62%, from 2025 to 2026 is 1.57%, from 2026 to 2027 is 1.51%, and from 2027 to 2028 is 1.46%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 1.26%, indicating moderate growth in import volumes.

Future trends to watch for:

Technological advancements in braking systems and their impact on import patterns.
Policy changes in China regarding automotive imports and manufacturing standards.
Potential shifts in supply chain strategies post-pandemic that could affect import volumes.