The import of whey to China is projected to increase steadily from 2024 to 2028, starting at 685.61 million kilograms and reaching 773.56 million kilograms. This trend indicates a positive year-on-year growth, with considerable increments annually. Unfortunately, the data for 2023 is not provided, which limits our ability to calculate the exact percentage variations year-on-year. Nevertheless, the consistent rise over five years suggests a robust demand and market expansion.
The compound annual growth rate (CAGR) over this period is also expected to reflect a healthy increase, signaling continued import strength.
Future trends to watch for include:
- Changes in dietary preferences within China that may affect whey demand.
- Potential policy changes regarding agricultural imports.
- Global market conditions impacting whey production and export to China.