Forecast: Soybean Imports in China

The forecasted soybean imports in China show a steady increase from 10.49 million metric tons in 2024 to 11.26 million metric tons in 2028. In comparison to the actual data from 2023, the yearly variations reveal a consistent upward trend. The year-on-year growth rates are projected to be modest yet positive, indicating an increasing demand for soybeans in China. Over the upcoming five-year period, the compound annual growth rate (CAGR) suggests a gradual average increase in imports.

Future trends to watch for include:

  • Changes in China's domestic soybean production, which could impact import needs.
  • Fluctuations in global trade policies affecting soybean supply chains.
  • Shifts in consumption patterns and alternative sources of protein.

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