In 2023, the import value of non-fresh foliage and branches for bouquets to China was recorded at a level preceding the forecasted data of 2024 and beyond. From 2024, the forecasted data indicate a consistent year-on-year increase. In 2024, the imports are valued at 1.7231 million USD, increasing to 1.78 million USD in 2025, 1.8357 million USD in 2026, 1.8903 million USD in 2027, and reaching 1.9438 million USD by 2028. This represents an overall positive trend in imports, indicative of rising market demand. The average Compound Annual Growth Rate (CAGR) over this forecast period suggests a steady annual growth pace.
Future trends to watch for:
- Potential impact of trade policies and tariffs that could influence import costs.
- Changing consumer preferences toward sustainable and non-fresh decorative products.
- Economic factors within China that could affect purchasing power and market dynamics.