China's import of sunflower or safflower oil and its fractions, simply refined, shows a steady increase from 2024 to 2028, growing from 38.289 million kilograms in 2024 to 45.121 million kilograms by 2028. Compared to 2023, this represents a consistent upward trajectory. The year-on-year growth rate for 2025 amounts to approximately 4.6%, while for 2026 it registers around 4.3%. The compound annual growth rate (CAGR) projected over this five-year period is roughly 4.2%, indicating a healthy growth trend in this market.
Future trends to watch for include:
- Changes in domestic production policies which might affect import volumes.
- Potential shifts in consumer preferences toward sustainable or alternative oils.
- Global market fluctuations affecting supply chain stability and import costs.
