In 2023, China imported dried shelled adzuki beans worth approximately 11.8 million USD. The forecast from 2024 to 2028 suggests a steady increase in imports, with values rising from 12.333 million USD in 2024 to 14.603 million USD in 2028. The year-on-year growth percentages reveal consistent upward momentum: 4.74% from 2024 to 2025, 4.44% from 2025 to 2026, 4.16% from 2026 to 2027, and 3.92% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) is approximately 4.31%, reflecting a stable upward trend.
Future trends to watch for:
- Potential changes in domestic production affecting import dependency.
- Shifts in consumer preferences towards plant-based proteins.
- Trade agreements or geopolitical factors influencing import regulations and tariffs.
- Economic factors such as inflation and exchange rates impacting purchasing power and costs.
