Forecast: Import of Roasted Chicory and Other Coffee Substitutes to China

From 2013 to 2023, China's import of roasted chicory and other coffee substitutes exhibited considerable fluctuation. Starting at 62.52 thousand kilograms in 2013, the volume peaked in 2017 at 108.7 thousand kilograms, and then fluctuated, reaching 74.62 thousand kilograms in 2023. Notably, the highest annual growth occurred in 2014 with a 50.49% increase, while the largest drop was in 2015 at -60.75%. Over the last two years, there was a modest increase of 1.49% in 2022 and 1.44% in 2023, showing a stabilizing trend. The average compound annual growth rate (CAGR) over the last five years is 1.13%.

Forecasts indicate a steady increase from 2024 to 2028, reaching 80.16 thousand kilograms. The projected 5-year growth rate is 5.77%, with an average annual growth rate (CAGR) of 1.13%. This suggests a period of moderate and consistent growth in imports of roasted chicory and coffee substitutes.

Future trends to watch for include potential impacts from shifting consumer preferences towards health-conscious alternatives and any trade policy changes that may affect import volumes. Market dynamics such as changes in production costs and geographical shifts in supplier markets could also influence future import volumes.