The import of nickel tubes and pipes into China is projected to gradually increase from 2024 to 2028, with yearly imports starting at 79.48 thousand kilograms in 2024 and rising to 88.18 thousand kilograms by 2028. Compared to the years before 2024, this represents a consistent upward trend. It's important to note the rise began at the total amount imported in 2023.
Annually, the import volume shows a steady growth ranging from approximately 2.8% to 2.9% year-on-year. The compound annual growth rate (CAGR) over this forecasted five-year period is expected to showcase a consistent and moderate increase.
Future trends to watch for include potential shifts in China's industrial demand and policy changes affecting raw material imports. Additionally, global nickel supply dynamics and price volatility could further influence these projections.
