In 2023, the import of horse, ass, mule, and hinny meat to China stood at an actual figure of 37.5 million kilograms. The forecast data projects a steady increase from 38.884 million kilograms in 2024 to 46.474 million kilograms in 2028, marking a consistent annual growth. Year-on-year, the import volume is expected to rise by approximately 5% to 6% annually. The compound annual growth rate (CAGR) over the five-year period is estimated at 4.15%.
Future trends to watch for include:
- Changes in China's dietary preferences influencing demand for alternative meat sources.
- Trade policies and international relations affecting supply chain stability.
- Potential regulatory changes regarding food safety and import standards.