Based on the provided data, the forecasted import of nonwoven textiles (excluding felt) to China shows a steady increase from 2024 to 2028. The values are expressed in billion US dollars, with the import value starting at 1.0271 in 2024 and reaching 1.1022 by 2028. In 2023, the value stood at 1.0082 billion US dollars.
Year-on-year variation percentages are as follows for the different years:
- 2023-2024: 1.88%
- 2024-2025: 1.89%
- 2025-2026: 1.80%
- 2026-2027: 1.74%
- 2027-2028: 1.68%
The last CAGR (Compound Annual Growth Rate) over the period from 2023 to 2028 is approximately 1.78% per year, indicating a consistent upward trend in the import value of nonwoven textiles to China.
Future trends to watch for include potential impacts of global supply chain disruptions, advancements in nonwoven textile technology, shifts in consumer demand, and regulatory changes that might affect import dynamics. Staying updated with these factors will be essential for accurate forecasting and strategic planning.
