The forecasted cassava import volume in China shows a consistent decline from 24.05 million metric tons in 2024 to 21.18 million metric tons by 2028. As of 2023, the import volume stood higher, indicating a trend of decreasing demand or changing market conditions for cassava.
Year-on-year analysis indicates a gradual reduction:- 2025: -3.08%- 2026: -3.13%- 2027: -3.14%- 2028: -3.16%
The forecasted Compound Annual Growth Rate (CAGR) over the next five years is approximately -2.97%, reflecting a steady downturn in cassava imports through 2028.
Future trends to watch will include China's domestic production capabilities, shifts in agricultural policy, changes in consumer demand, and potential trade disruptions. Monitoring these factors will be crucial for predicting long-term market changes.
