The import of sugars and sugar confectionery to China has experienced a fluctuating trend from 2013 to 2023, with a significant decline in the mid-2010s, followed by a steady recovery. The year 2023 saw imports valued at 1.5092 billion USD, reflecting a slight year-on-year increase of 0.73%. Notably, the five-year period ending in 2023 showed a modest Compound Annual Growth Rate (CAGR) of 1.19%, indicating a gradual stabilization of imports in recent years.
Future trends to watch for:
- Projected steady growth in imports, with a forecasted five-year CAGR of 0.59% up to 2028.
- Potential influences of domestic sugar production levels and international trade policies.
- Consumer demand shifts toward healthier and alternative sugar products.
