The import of chestnuts to China is projected to increase from 2024 through 2028, starting at 21.743 Million USD in 2024 and reaching 22.865 Million USD by 2028. Compared to 2023, this represents a consistent annual increase. The year-on-year growth hovers around 1.33% per annum, indicating a stable demand increase. Over the forecast period, a compound annual growth rate (CAGR) of approximately 1.28% is expected.
Future trends to watch for include:
- Potential shifts in consumer preferences toward chestnuts as a healthy snack option, potentially driving higher demand.
- Fluctuations in global chestnut production due to climate change impacts, which could affect supply and prices.
- Trade policies that might impact the cost and volume of imports.