The forecast for the import of dried cut flowers and flower buds for bouquets to China indicates a steady increase in volume. Starting in 2024 with a forecasted value of 144.05 thousand kilograms, it reaches 157.85 thousand kilograms by 2028. This represents a compound annual growth rate (CAGR) of approximately 2.3% over the forecast period. In 2023, the actual import volume stood slightly below the 2024 forecast, reflecting a positive trend as we move forward.
Future trends to watch for include:
- Potential shifts in consumer preferences towards locally sourced or alternative ornamental plants.
- Economic factors influencing import-export dynamics, such as tariffs or trade agreements.
- Environmental and sustainability considerations impacting the flower industry and import practices.
- Technological advancements in flower preservation and transportation logistics improving import efficiency.