In 2023, the re-import volume of polyurethanes to China stood at 3.5 Million Kilograms. Starting from 2024, a consistent decline in re-import volumes is forecasted. The volume is expected to drop by approximately 6.1% year-on-year from 2024 to 2025, and 6.35% from 2025 to 2026. The downward trend continues with reductions of around 6.6% each subsequent year, leading to a final forecasted value of 2.475 Million Kilograms by 2028. This trend reflects a compound annual growth rate (CAGR) of approximately -6.8% over the five-year forecast period.
Future trends to watch include potential shifts in domestic production capabilities, changes in global supply chains, and environmental regulations that may further impact polyurethane demand or production methods. Monitoring these factors will be critical in accurately predicting future dynamics in the polyurethane market.
