China's import of rice is projected to see a significant upward trend from 2024 to 2028. With the value set at $2.1939 billion in 2024, the import value is expected to grow year by year, reaching $2.5258 billion by 2028. This consistent increase suggests strong and sustained demand for imported rice in China.
Year-on-year, the variations show an average annual increase in import value, suitable for analyzing recent trends. The Compound Annual Growth Rate (CAGR) for the 2024-2028 period highlights an average annual growth, demonstrating a robust upward trajectory in rice imports over the next five years.
Key future trends to watch for include potential changes in domestic rice production, shifts in consumer preferences towards different types of rice, and possible impacts of international trade policies on import dynamics. Monitoring these factors will be crucial for understanding and forecasting China's future rice import landscape.