The year-on-year variation over the last two years shows minor growth: 0.83% for 2022 and 0.81% for 2023. The compound annual growth rate (CAGR) over the last five years is 0.65%. Import values have shown fluctuations over the years, but forecast data suggests a steady increase from 2023 to 2028, growing from 7.7687 million kilograms to 8.0936 million kilograms. This signals a forecasted 3.27% growth rate from 2023 to 2028.
Future Trends to Watch
Monitor technological advancements in refrigeration equipment, policy changes impacting import duties, and potential shifts in domestic manufacturing capabilities. These factors will be crucial in determining the trajectory of import volumes over the next several years.
