The forecast for China's raw sugar equivalent stock variation shows a consistent decline from 2024 to 2028, with a year-on-year decrease in stock levels. This continues the trend seen in the previous years, with 2023 stock levels already indicating a significant shortfall which appears to be deepening from 2024 onwards. The compound annual growth rate (CAGR) over the five-year forecast period reflects a negative trend, emphasizing a growing deficit in sugar stock volume.
Future trends to watch for include:
- Potential impacts of policy changes aimed at increasing domestic production or imports to address deficits.
- Environmental or supply chain disruptions that may further influence the decline in sugar stocks.
- Shifts in consumer demand that could alter the balance between supply needs and stock levels.