The forecast for China's fresh vegetable exports shows a steady increase from 2024 to 2028, starting at $6.55 billion in 2024 and reaching $7.31 billion by 2028. This represents a year-on-year growth of approximately 2.9%. The compound annual growth rate (CAGR) over the five-year period is projected to be around 2.8%, indicating consistent growth in the sector. As of 2023, the exports stood at approximately $6.36 billion, illustrating a positive outlook for the industry.
Future trends to watch for include:
- Increased global demand for healthy and fresh produce, which could drive exports further.
- Potential impacts of climate change on agriculture production and supply chains.
- Geopolitical factors influencing trade policies and tariffs.