The import of fruit juices to China has shown significant fluctuations over the past decade, with a notable increase from 2013 to 2023, reaching a value of $406.9 million USD in 2023. Despite a few dips, particularly in 2015 and during 2019-2020, the overall trend exhibits growth. The year-on-year variation shows significant peaks and troughs, most dramatically in years when the growth spurted (2017, 2018) and declined (2015). The CAGR for the past 5 years (2019-2023) stands at 2.99%, reflecting moderate annual growth.
Looking ahead, the forecast predicts continued growth, with estimated figures reaching $484.18 million USD by 2028. The forecasted 5-year CAGR is 2.73%, indicating steady but modest annual increases. Key trends to monitor include potential impacts of international trade regulations, shifts in consumer demand towards health-conscious products, and the effects of global economic conditions on import volumes.
