Forecast: Import of Roses to China

In 2023, China's import of roses was valued lower than the forecasted $389.48 thousand for 2024. The forecast indicates a steady growth in rose imports, with an average increase of about 15.27 thousand US dollars annually. The year-on-year growth rates from 2024 to 2028 show an increasing trend of approximately 3.9% each year. This steady increase translates to a five-year compound annual growth rate (CAGR) that remains consistent within similar lines, highlighting a stable demand growth over the forecast period.

Future trends to watch include:

  • The impact of potential economic policies on import tariffs and trade agreements.
  • Changes in consumer preferences and spending power in China, influencing import volumes.
  • Fluctuations in global rose production affecting supply chain and price dynamics.

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