Key Market Indicators
China's condiment imports and exports are expected to see steady growth over the next five years. Imports of condiments into China are forecast to reach $221 million by 2026, up from $190 million in 2021. This is an average growth rate of 2.6% year on year since 1997. In 2021, China was the 18th largest importer, behind Sweden at $190 million. The United Kingdom, Canada, and France were the next three largest importers at number 2, 3 and 4. Exports of Chinese condiments are set to hit $1.62 billion by 2026, up from $1.35 billion in 2021. This is an average growth rate of 3.1% year on year since 1997. In 2021, the United States was the largest exporter at $1.35 billion, followed by China, Germany, and Italy at numbers 2, 3 and 4. Overall, China's condiment imports and exports are expected to continue growing steadily over the next five years.
