The import of frozen peas to China is forecasted to grow steadily from 20.099 million USD in 2024 to 23.368 million USD in 2028. In 2023, the actual value stood at a lower level, highlighting a consistent upward trend in subsequent years. The annual growth rates indicate a stable positive trajectory with year-on-year increases suggesting growing demand or dependency on imports. The five-year compound annual growth rate confirms this trend, reflecting a sustainable rise in imports.
Future trends to watch for:
- Changes in domestic agricultural policies or developments in local pea production could influence import levels.
- Shifts in consumer preferences towards more plant-based diets could spur further import growth.
- Global market dynamics, including trade agreements or tariffs, might impact future imports.
