As of 2023, China's centrifugal sugar export stood at 179.0 thousand metric tons. Forecasted exports from 2024 indicate a gradual decline, starting at 178.0 thousand metric tons in 2024 and projecting a fall to 176.0 thousand metric tons by 2028. The year-on-year percentage drop is minor, suggesting a relatively stable but slightly decreasing trend, with an average annual decline (CAGR) anticipated.
Future trends to watch for include:
- Domestic sugar production policies and output levels.
- Global sugar market demand and international trade policies, including tariffs and trade agreements.
- Technological advancements in sugar production and processing that might influence export capacities.