The import of roasted and not decaffeinated coffee to China has shown a dynamic growth pattern over the past decade. The value stood at $214.64 million in 2023, a significant rise from $35.32 million in 2013. Despite a few fluctuations, such as the sharp decrease in 2017, the general trend has been upward. The CAGR over the last five years stands at 6.61%, indicating steady growth. Looking at the most recent years, the year-on-year growth rate has been moderate, with a 4.36% increase from 2022 to 2023. Forecast data suggests continued, albeit slower, growth with a forecasted 5-year CAGR of 2.85% from 2023 to 2028.
Future trends to watch for include potential market saturation, changes in consumer preferences, and the impact of global trade policies and economic conditions on import volumes. Additionally, innovations in coffee products and an increase in specialty coffee demand may influence future import values. Monitoring these trends will be crucial to understanding the evolving dynamics of China's coffee market.