China’s honey import volume reached 11.0 thousand metric tons in 2023, the same as in previous years. The import volume saw fluctuations, peaking at 16.0 thousand metric tons from 2015 to 2017 before a significant drop in 2018. From 2019 onwards, the volume mostly stayed between 11.0 and 12.0 thousand metric tons, except for a slight decrease in 2020 and minor rebounds in 2021.
Notable year-on-year changes include a 6.67% increase in 2015, a sharp 31.25% decline in 2018, and 5.26% growth in 2021, with stability seen in 2023. The Compound Annual Growth Rate (CAGR) over the last five years reflects a downtrend of -2.26%, resulting in a forecasted import value of 9.51 thousand metric tons by 2028, indicating a total decrease of 10.8% over this period.
Future trends to watch for include potential changes in domestic honey production, consumer health trends favoring natural sweeteners, trade policy adjustments, and the impact of global honey market dynamics on China's import needs. Monitoring these factors will be crucial for predicting future volumes.
