In 2023, China's import of flour or meal of dried legumes stood at 42 million kilograms. Forecasts indicate a steady increase in imports: 43.626 million kg in 2024, rising to 51.081 million kg by 2028. This reflects a year-on-year growth rate between 4% and 5%. Over the forecasted five-year period, this growth averages to a compound annual growth rate of approximately 4% annually.
Future trends to watch include:
- Increasing demand for plant-based proteins which may drive higher legume imports.
- Potential policy changes in China affecting agricultural imports.
- Market diversification with other nations supplying dried legumes to China.
- Technological advancements in food processing impacting import volumes.