The demand for grapefruit in China was 5.30 million metric tons in 2023. The forecasted data indicates a steady year-on-year growth: 5.39 million metric tons in 2024, increasing by approximately 1.70%, 5.48 million metric tons in 2025 (a further increase of 1.67%), 5.57 million metric tons in 2026 (another 1.64% rise), 5.66 million metric tons in 2027 (up by 1.62%), and reaching 5.75 million metric tons in 2028 (again a 1.59% increase). The Compound Annual Growth Rate (CAGR) over the forecasted period (2024-2028) is around 1.64%.
Future trends to watch for:
- Potential impact of health trends and diet fads on grapefruit consumption.
- Changes in agricultural policies and their impact on domestic grapefruit production.
- Potential shifts in import-export dynamics affecting the supply and demand balance.