In 2023, China imported approximately 119.75 thousand metric tons of sugar cane. Forecasts indicate a steady year-on-year increase from 2024 to 2028, with projected volumes reaching 124.73 thousand metric tons by 2028. The compounded annual growth rate (CAGR) over these five years is modest, highlighting a stable increase in import volumes.
Future trends to watch for include changes in domestic sugar production, which could affect import volumes, and potential shifts in trade policies or tariffs impacting international sugar markets. Additionally, fluctuations in global sugar prices and demand for alternative sweeteners could influence China's sugar cane import strategy.
