In 2023, the grape market size volume in China stood at 10.86 million metric tons. The year-on-year variation for 2023 was 0.87%, reflecting steady growth. Over the last two years, the average annual growth was approximately 0.87%. Looking at a longer period, from 2019 to 2023, the Compound Annual Growth Rate (CAGR) was 0.8%, indicating moderate and consistent upward trends.
Significant historical variations included a 13.07% jump in 2015, and a -4.07% decrease in 2016. Recently, the market showed resilience with a 6.24% increase in 2021 and a 0.89% increase in 2022. Forecasts for the next five years suggest a CAGR of around 0.7%, projecting the market to reach 11.35 million metric tons by 2028, which represents a 3.53% growth rate over the period.
Future trends to watch for include potential impacts of climate change on grape production, technological advancements in agriculture, shifts in consumer preferences towards organic produce, and economic factors influencing domestic and export demands.
