In 2023, the import value of refined soybean oil to China was the baseline preceding forecasted growth. From 2024 to 2028, refined soybean oil imports to China are expected to grow yearly, with a significant year-on-year increase from $32.749 million to $37.043 million. The compounded annual growth rate (CAGR) indicates stable growth.

Future trends to watch for include:

Shifts in China's domestic soybean production and refining capacity.
Changes in consumer preferences towards healthier oil alternatives.
Potential trade policy adjustments affecting import tariffs and agreements.
Global soybean supply chain disruptions impacting overall availability and pricing.