The import of finishing agents and dye carriers into China is projected to decline steadily from 2024 to 2028. In 2023, actual imports stood at 35 million kilograms. The data indicates a year-on-year decrease of approximately 4.45% from 2024 onwards, and over the five-year forecast period, the compound annual growth rate (CAGR) is projected to be around -4.62%. This trend suggests a gradual reduction in import volume, likely influenced by factors such as increased domestic production capacity or a shift in industry demand.
Looking forward, trends to watch include potential changes in China's industrial policies, shifts in leather industry dynamics, and technological advancements in dyeing processes that may further alter import requirements. Additionally, global trade relations and environmental regulations could also impact future import trends.
