The forecast for the import of nutmeg to China from 2024 to 2028 indicates a gradual decrease in import values. In 2024, the forecast value is 291.72 thousand US dollars, with a year-on-year decrease of roughly 0.41% in 2025 and continuing to shrink annually through 2028. In 2023, data showed actual import values, enabling the comparison of this forecasted decline. Over the projected period from 2024 to 2028, the compound annual growth rate (CAGR) reflects a consistent decrease in import values.
Future trends to watch for include potential shifts in China's internal production capabilities, changing consumer preferences, and revisions in trade policies that could impact nutmeg import demands. Additionally, the development of global supply chain dynamics and price fluctuations in the spice market could further influence these projections.
