Forecast: Import of Extracts, Essences, Concentrates of Tea, Coffee, Mate to China

In 2023, the import of extracts, essences, and concentrates of tea, coffee, and mate to China stood at an actual value, and based on forecasted data for 2024-2028, an annual positive growth trend is expected. The forecast from 2024 through 2028 indicates a steady year-on-year increase, reflecting a strong upward trend in imports. The projected Compound Annual Growth Rate (CAGR) for this period suggests consistent growth.

Future trends to watch for include:

  • China's evolving consumer preferences towards premium tea and coffee products potentially driving higher imports.
  • Market expansion due to rising urbanization and disposable incomes.
  • Potential impacts of the global supply chain and trade policies on import dynamics.

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