Over the past decade, the volume of orange imports to China has shown significant growth. In 2023, import volumes reached 502.44 million kilograms. The data reveals a pronounced upward trend in import volumes, marked by substantial year-on-year increases, especially notable in the earlier years such as 2015 (64.31%), 2016 (49.45%), and 2017 (61.4%). However, recent years have shown more moderate growth with a year-on-year increase of 5.16% in 2023. The compound annual growth rate (CAGR) over the past five years (2018-2023) is 5.19%.
Looking ahead, forecasts indicate continued growth in the orange import market with volumes expected to reach 618.8 million kilograms by 2028. The projected five-year CAGR (2024-2028) is 3.29%, suggesting a more stable and steady increase in import volumes.
Future trends to watch for include shifts in consumer preferences, potential trade policy changes, and the impact of climate change on global orange production affecting supply chains and prices.
