The forecasted re-import value of tea and mate extracts, essences, and concentrates to China shows a steady growth from 2024 to 2028. In 2023, this value was recorded at USD 8.48 million. With an expected increase to USD 10.575 million by 2028, the market illustrates a solid upward trajectory. The year-on-year percentage increase is consistently positive, with the compound annual growth rate (CAGR) across this five-year span indicating a robust average annual growth.
Future trends to watch for include:
- Potential changes in consumer preferences towards natural and organic products.
- Impact of economic conditions on import-export regulations and tariffs.
- Technological advancements improving extraction and concentrate processes.
- Rising demand for tea products in health-conscious demographic segments.
