The import of flour or meal of oil seed and fruit to China is forecasted to rise steadily from 2024 to 2028, with values expected to grow annually from 373.57 thousand US dollars to 428.8 thousand US dollars. This reflects a consistent year-on-year increase averaging around 3-4% over this period. The annual growth rate (CAGR) for the five-year span from 2024 to 2028 is anticipated to be approximately 3.5%.
Future trends to watch for:
- Increasing domestic consumption and industrial demand for imported oil seed products could further sustain or even accelerate growth beyond 2028.
- Market fluctuations influenced by geopolitical factors and international trade policies might impact import levels.
- Technological advancements and changes in consumer preferences for oil seed-based products could drive variations in demand.