Forecast: Re-Import of Sugar Confectionery to China

From 2024 to 2028, the re-import of sugar confectionery to China is projected to decline, starting at 266.5 thousand US dollars in 2024 and decreasing steadily to 220.95 thousand US dollars by 2028. Comparing this with previous years, if re-import levels maintained or rose until 2023, this forecast indicates a downward trajectory with a consistent year-on-year decrease.

The forecasted annual compound growth rate (CAGR) reflects a contraction due to the reducing import values, signifying either a saturation of the market, increased domestic production, or changing consumer preferences.

Future trends worth monitoring include:

  • Domestic sugar confectionery production innovations that could offset import demand.
  • Changes in consumer behavior towards healthier or alternative sweets.
  • Global trade policies and tariffs that could impact import costs and sourcing strategies.

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