From 2023 to 2028, the import values are expected to decline gradually from 1724.4 to 1702.7 thousand US dollars. The recent years indicate a reduction, with a year-on-year decrease of -0.24% in both 2022 and 2023. The forecasted compound annual growth rate (CAGR) for the next five years is projected at -0.2%, indicating a steady but slight decline in import values over this period.
Future trends suggest a fairly stable but declining import market. It's important to monitor factors such as agricultural policy changes, technological advancements in farming equipment, and economic conditions that may affect import volumes. Investments in local manufacturing and adoption of advanced agricultural equipment could further influence these trends.
