Industries with the Biggest Decline in Imports in China in 2025

• 1. Wine Production in China

  Decline in Imports for 2025: -7.5%

  Revenue for the Wine Production industry in China steadily increased pre-2013 alongside economic prosperity, rising household income and the gradual popularization of wine culture. These trends have helped enrich consumers' wine knowledge, stimulating wine consumption. In addition, the government has encouraged consumption of beverages with lower alcohol content, like wine. Since 2013, industry revenue has trended downward due to low industry output resulting from insufficient vineyards and C...

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• 2. Tea Production in China

  Decline in Imports for 2025: -7.4%

  Industry revenue is expected to increase at an annualized 10.2% over the five years through 2024, to total $26.4 billion. This trend includes an anticipated growth of 8.2% in 2024. Approximately 302 enterprises operate in the industry, employing about 83,509 workers.
  Increasing consumer health consciousness and the rapid development of herbal tea beverages have steadily bolstered the industry's performance. Additionally, many ready-to-drink teas have become popular among younger demograp...

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• 3. Motorcycle Manufacturing in China

  Decline in Imports for 2025: -7.0%

  The development of the Motorcycle Manufacturing industry in China has been affected by more restrictive policy and the popularity of automobiles in recent years. Revenue for the Motorcycle Manufacturing in China is expected to increase at an annualized 0.7% to $24.2 billion over the five years through 2024, including a drop of 5.9% in 2024 alone, when profit is anticipated to be 4.9%.
  The Government in China has continuously issued industry policies to encourage the use of green vehicles...

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• 4. Beer Production in China

  Decline in Imports for 2025: -5.9%

  In recent years, bans on driving while under the influence of alcohol and bans on outdoor barbecuing have contributed to the industry's decline. Weaker consumer spending and unfavorable weather conditions, particularly rainstorms in the mid-lower reaches of the Yangtze River and parts of southern China, caused industry revenue to decrease 9.9% in 2016. Since the second half of 2017, the price of raw materials of beer production rose rapidly, compressing industry profit margins. In order to im...

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• 5. Integrated Circuit Manufacturing in China

  Decline in Imports for 2025: -5.4%

  China is the world's largest and fastest-growing integrated circuit market, and is also an important producer and provider of integrated circuits. The Integrated Circuit Manufacturing industry in China is expected to grow at an annualized 11.8% over the five years through 2023 to $283.3 billion, maintaining a sustained and stable growth trend over the period. This includes growth by 9.3% in the current year. The huge demand from terminal application markets like industrial equipment, communic...

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• 6. Chocolate & Candy Production in China

  Decline in Imports for 2025: -5.3%

  Rising average annual incomes, increased exposure to western and international cuisines and a greater range of confectionery goods in supermarkets are contributing to rising revenue of the industry. Revenue for the Chocolate and Candy Production industry in China has increased at an annualized 4.1% over the five years through 2025. This includes an expected growth of 2.8% in the current year.
  The industry products have the features of high sugar content and high calories, which are conce...

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• 7. Farming Machinery Manufacturing in China

  Decline in Imports for 2025: -4.9%

  Revenue for the Farming Machinery Manufacturing industry is expected to increase at an annualized 3.7% over the five years through 2025, to total $17.6 billion. Increasing export volumes, rising domestic demand and consistent government subsidies supported growth earlier in the period. Industry revenue is expected to increase by 7.5% in 2024, following a recovery in the previous year.

  Agricultural machinery has gradually increased in quality, and high-tech and advanced products have be...

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• 8. Chemical Pesticide Manufacturing in China

  Decline in Imports for 2025: -4.6%

  Revenue for the Chemical Pesticide Manufacturing industry in China is expected to grow at an annualized 6.5% over the five years through 2024, to reach $43.5 billion. This growth includes an increase of 11.1% in the current year.
  The growing planting area of crops in China has boosted demand for chemical pesticides in the past five years to 2024. However, affected by the fluctuations in prices of chemical pesticides, industry revenue has showed very high volatility. From 2020 to 2022, in...

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• 9. Communication Equipment Manufacturing in China

  Decline in Imports for 2025: -4.3%

  Over the past decade, the Mobile Telecommunications industry has been taking an increasing market share from the Wired Telecommunications industry due to mobile services' convenience and falling prices. This increasing substitution has reduced demand for wired terminal equipment, a major product segment in the Communication Equipment Manufacturing industry. Industry revenue is expected to decrease an annualized 4.7% over the five years through 2024. In 2024, industry revenue is expected to de...

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• 10. Baby Product Manufacturing in China

  Decline in Imports for 2025: -4.1%

  The Baby Product Manufacturing industry in China produces a range of products, such as baby food, clothing, toys and skincare products. The decreasing new births have affected revenue growth over the past five years. Industry revenue is expected to decrease at a CAGR of 0.5% over the five years through 2024, to $181.1 billion, increasing by 2.8% from 2023. China's one child policy, which was relaxed in November 2013. China's Two-child and Third-child policy was implemented comprehensively in ...

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