The forecast for China's import of prepared or preserved apricots shows a consistent decline from 2024 to 2028. In 2024, imports are valued at $45.59 thousand USD, decreasing to $23.94 thousand USD by 2028. Comparatively, the data reveals a decreasing trend, averaging a year-on-year decline, with values dropping approximately 10-18% annually. Given historical data, the compound annual growth rate (CAGR) indicates a substantial shrinkage over the five-year period.
Future trends to watch for:
- Changes in domestic apricot production impacting import needs.
- Shifts in consumer preference potentially affecting demand.
- Trade policies affecting import tariffs or restrictions.
- Global apricot market dynamics influencing prices and availability.
