In 2023, China's peas import volume stood at approximately 2.35 million metric tons. The forecasted data indicates a steady increase from 2024 to 2028, with a projected import volume growing from 2.43 to 2.81 million metric tons. The year-on-year growth from 2024 to 2028 shows a consistent increase of around 3-4% annually. Over the five-year forecasted period, the compound annual growth rate (CAGR) is about 3.7%, reflecting a stable upward trend in import volumes.
Future trends to watch for include changes in domestic production, demand for plant-based proteins, and potential trade policies that might influence pea import dynamics. Additionally, global supply chain factors and climate change impacts could affect future import volumes and prices in China.
