Forecast: Peanut Oil Supply in China

The forecast for Peanut Oil Supply in China from 2024 to 2028 shows a consistent upward trend, commencing at 3.56 million metric tons in 2024 and rising steadily to 3.81 million metric tons by 2028. Comparing to 2023, there is a projected year-on-year growth that ranges between approximately 1.9% to 2.0% annually. The compound annual growth rate (CAGR) over the five-year period is approximately 1.96%.

Future trends to watch for include:

  • Potential changes in domestic peanut cultivation and production efficiency.
  • The impact of global trade policies and tariffs on Chinese imports and exports.
  • Shifting consumer preferences towards peanut oil, influenced by health trends and culinary innovations.
  • Technological advancements related to extraction processes and agricultural biotechnology.

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