The forecast for the import of wheat bran, sharps, and other residues to China shows a steady increase from 2024 to 2028. In 2023, the import value stood at a certain baseline, and by 2024, the value is expected to rise to $47.893 million. This upward trend is projected to continue, reaching $56.653 million by 2028. Over the forecasted period, the year-on-year growth reflects a consistent increase averaging approximately 4.2% annually.
Future trends to watch for:
- Potential policy changes affecting agricultural imports.
- Shifts in domestic demand driven by evolving dietary habits and livestock production needs.
- Global market conditions impacting the price and availability of wheat by-products.