The re-import of mixed odoriferous substances used in the food or drink industries to China is projected to consistently increase from 931.09 thousand kilograms in 2024 to 1,113.4 thousand kilograms by 2028. This equates to a steady year-on-year growth rate, indicating a robust demand for these substances in the Chinese market. In 2023, the import volume stood at a lower level, reflecting a positive growth momentum entering 2024. The compound annual growth rate (CAGR) from 2024 to 2028 suggests a healthy average increase annually, confirming a favorable outlook for this sector.
Future trends to watch for include market regulatory changes in China that might impact import patterns, potential shifts in domestic production capabilities, and the influence of global economic factors on trade dynamics. Additionally, evolving consumer preferences toward specific flavors or health considerations could also shape future demand for these substances.
