The forecast for China's import of raw beet sugar shows a steady increase from 2024 to 2028. The import value is expected to rise from 472.02 thousand USD in 2024 to 556.26 thousand USD in 2028. The year-on-year growth rates indicate a consistent upward trend in imports, reflecting an expanding market demand. As we're in 2024, data from 2023 would provide a baseline for assessing growth, which is not provided here but assumed to be lower than the forecasted values.
Looking forward, key trends to watch include:
- Domestic sugar production changes, affecting import needs.
- Global sugar market prices influencing import costs.
- China's economic policies impacting trade tariffs and agreements.