Between 2024 and 2028, the grapefruit import volume to China is forecasted to increase from 98.935 million kilograms to 117.34 million kilograms. This represents a consistent year-on-year growth in import volume: a 4.81% increase from 2024 to 2025, a 4.48% rise from 2025 to 2026, 4.21% upsurge from 2026 to 2027, and a 3.97% growth from 2027 to 2028. The five-year Compound Annual Growth Rate (CAGR) is approximately 4.38%. The exact import volume for 2023 is essential to contextualize these growth figures fully.
Future trends to watch for:
- Domestic production fluctuations influencing import demand.
- Changes in consumer preferences and health trends impacting grapefruit consumption.
- Potential trade policies and tariffs that might affect import volumes and costs.
- Technological advancements in production and supply chain efficiency.