In 2023, China's import of maize starch stood at 2.16 million kilograms. The forecasts for 2024 to 2028 exhibit a gradual decline from 2.0964 to 1.8526 million kilograms. This represents a year-on-year decrease of approximately 3% in 2025, 3% in 2026, 3% in 2027, and around 3% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is negative, highlighting a consistent decreasing trend in maize starch imports to China over the specified forecast period.
Future trends to watch include:
- The increasing focus on domestic production capabilities in China, which may further reduce the dependency on maize starch imports.
- Potential changes in international trade policies and tariffs affecting the agricultural sector.
- The growth of alternative starch sources that might impact maize starch demand.
- Monitoring global climate patterns affecting maize production and export availability.