The forecast for the import of Vitamin B1 to China from 2024 to 2028 shows a consistent decline. Starting at 61.06 thousand kilograms in 2024, there is a gradual decrease to 58.8 thousand kilograms by 2028. In 2023, the import value stood at a higher point before the forecasted decline. Although the exact year-on-year variations are not provided, the consistent downtrend suggests an annual reduction. The projected compound annual growth rate (CAGR) over the five-year period illustrates a negative trend, highlighting a lower import demand or perhaps a shift toward local production and sourcing.
Future trends to watch include potential government incentives for local production, changes in dietary supplement consumption patterns, and any global trade agreements impacting vitamin imports. Additionally, advancements in alternative sources of Vitamin B1, like synthetic or bioengineered options, could influence these import trends.
