The forecast for China's imports of products in the milling industry, including malt, starches, inulin, and wheat gluten, indicates a steady growth from 2024 through 2028. The data suggests an increase from $2.3 billion in 2024 to $2.75 billion in 2028, reflecting annual growth rates of approximately 5.22% over this period. If we assume that the imports stood at $2 billion in 2023, it exemplifies a consistent year-on-year upward trajectory. Over the five-year span, the compounded annual growth rate (CAGR) aligns with the projected increase.
Future areas to monitor include potential trade policy changes, advances in local production capabilities, and shifts in consumer demand for health-conscious products that might influence the demand for these imports in China.
