The import of rye ergot alkaloids to China for 2024 is projected to reach 4.87 thousand kilograms, a growth from the actual figure of 4.45 thousand kilograms in 2023. Projections indicate a steady increase with values rising to 5.06 thousand kilograms in 2025, 5.24 in 2026, 5.42 in 2027, and 5.6 in 2028. This reflects an average year-on-year growth of about 3.45% from 2024 to 2028. The compound annual growth rate (CAGR) over this period suggests a moderate upward trend, indicating growing demand.
Future trends to watch for include potential changes in Chinese pharmaceutical regulations and the impact of increased research on ergot alkaloid applications, possibly influencing import stability and demand. Additionally, any shifts in the global supply chain due to geopolitical factors could impact China’s import levels of these alkaloids.
