As of 2023, the re-importation of sodium bicarbonate into China stood at a certain baseline. Forecast data from 2024 to 2028 indicate a consistent downward trend in re-import volumes, beginning at 28.38 thousand kilograms in 2024 and decreasing to 17.92 thousand kilograms by 2028. Year-on-year percentage declines from 2024 onwards show a steady reduction, with a compound annual growth rate (CAGR) consistently negative over this five-year period.
Future trends to monitor include:
- Potential shifts in domestic production capabilities influencing import needs.
- Economic policies affecting trade balance and tariffs.
- Changes in global demand and supply dynamics for sodium bicarbonate as an industrial chemical.