The import of granules of pig iron or spiegeleisen to China is forecasted to consistently increase from 2024 to 2028, beginning at 34.785 million USD in 2024 and reaching 38.155 million USD by 2028. The year-on-year growth rate is observed at around 2.5% to 2.7%. The compound annual growth rate (CAGR) for these five years is projected at approximately 1.9%.
Future trends to watch for include potential shifts in China's industrial demand, impacts of global trade policies, and technological advancements in metallurgy that could influence import requirements and affect the forecast trajectory.