Canned mushroom exports in China stood at 923.43 million US dollars in 2023. The trend over the last decade shows significant fluctuations with peaks in 2018 and 2022, and steady growth from 2019 onwards. The year-on-year variation exhibits substantial increases and decreases, highlighting periods of volatility. From 2013 to 2017, exports generally declined, but from 2018 onwards, we observe a marked upswing. The CAGR from 2018 to 2023 indicates a robust average annual growth rate of 9.9%. Forecasted data suggests continued growth with a more moderate CAGR of 2.77% over the next five years, reaching 1100 million US dollars in 2028.
Future trends to watch for:
- Potential impacts of global economic conditions and trade policies.
- Market demands and changes in consumer preferences.
- Developments in production technology and supply chain efficiencies.
- Fluctuations in raw material costs and exchange rates.