The re-import of crushed or ground pepper of the genus Piper to China is projected to steadily increase from 2024 to 2028, from 10.01 thousand kilograms to 11.76 thousand kilograms. As of 2023, actual import levels stood at a lower baseline, marking the start of a forecasted upward trend.
Year-on-year growth expectations from 2024 onward show moderate increases, indicating a stable demand pattern. The compound annual growth rate (CAGR) for this period is anticipated to reflect a consistent uptick, showcasing a steady market recovery and potentially expanding consumer and industrial demand.
Key trends to monitor include changes in global supply chain dynamics, domestic agricultural policies in China, and shifts in consumer preferences towards natural and spice-rich diets, all of which could impact imports. Additionally, monitoring exchange rates and trade policies will be crucial for future strategic planning.
