The demand for non-centrifugal sugar in China is projected to decrease steadily from 247.22 thousand metric tons in 2024 to 210.4 thousand metric tons by 2028. The year-on-year decline is consistent, underscoring a declining trend. Although specific data for 2023 is unavailable, the forecast indicates a downturn through 2028. This reflects a compound annual growth rate (CAGR) indicating a gradual yet persistent decrease in demand over this five-year period.
Future trends to watch for:
- Shifting consumer preferences toward healthier alternatives that may further affect demand.
- Potential regulatory changes affecting sugar productivity and imports.
- Technological advancements improving consumption efficiency.