The import of milking machines to China is forecasted to decrease steadily from 2024 through 2028. Starting at 136.33 thousand kilograms in 2024, the volume is expected to decline to 64.38 thousand kilograms by 2028. This reflects a projected year-on-year decrease reaching around 52.75% over the five-year span.
Considering data availability from 2023, which indicated higher imports, this represents a significant contraction in import volume. The steady downward trajectory suggests a compound annual growth rate (CAGR) of approximately -15.5% from 2024 to 2028, signaling a gradual decline in reliance on imported milking machines.
Future trends to watch for include technological advancements in local production capabilities, shifts in domestic agricultural policies, or changes in consumer preferences toward local alternatives, all of which could further impact import volumes.
