In 2023, China's import of alkaloids not in dosage forms was lower compared to the forecasted increase starting from 2024, reaching 227.3 thousand kilograms. Year-on-year growth accelerates steadily, with imports projected to grow by approximately 4% each year until 2028, reaching 262.97 thousand kilograms. This consistent growth resembles a compound annual growth rate (CAGR) of about 3.7% from 2024 to 2028.
Future trends to watch for include:
- Potential impact of changes in regulations and trade policies affecting raw material imports.
- The influence of domestic production capabilities on import dependency.
- Market demand shifts in pharmaceutical and research sectors.
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