Forecast: Import of Soya Sauce to China

The import value of soy sauce to China shows a steady upward trend from 2024 to 2028, starting at $24.269 million in 2024 and reaching $25.97 million in 2028. This represents an average annual growth rate (CAGR) of approximately 1.7% over this period. Compared to the level in 2023, the forecast begins with a minor increase, highlighting a stable demand for imported soy sauce.

Year-on-year growth reveals consistent expansion, indicating a modest but positive development in import dependency. With the influences of evolving consumer preferences and potential trade policies, this import trajectory suggests a progressive increase in import value.

Future trends to watch for include:

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Potential shifts in consumer dietary habits towards healthier alternatives.

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Changes in trade dynamics between China and major soy sauce exporting countries.

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Technological advancements in domestic production potentially reducing dependency on imports.

Top Countries about Soy Sauce