The forecasted import of fresh or chilled carrots and turnips to China shows a declining trend from 2024 to 2028. Imports are expected to decrease from 87.75 thousand kilograms in 2024 to 68.0 thousand kilograms in 2028. This represents a Compound Annual Growth Rate (CAGR) of approximately -6.29% over the five-year period. In comparison to 2023, where the actual import was higher, the trend suggests a gradual reduction in import volume, possibly indicating increased domestic production or changes in market demand.
Future trends to watch for include:
- Shifts in consumer preferences towards locally sourced produce.
- Potential policy changes affecting import tariffs or quotas.
- Advancements in agricultural technologies boosting domestic production.
- Possible trade agreements affecting supply chain dynamics.