The forecast for China's centrifugal sugar supply from 2024-2028 shows a steady increase from 16.76 to 17.02 million metric tons. In 2023, the supply stood at 16.70 million metric tons. The year-on-year growth rate from 2024 to 2025 is approximately 0.42%, with the rate gradually increasing to 0.35% annually by 2028. The compound annual growth rate (CAGR) over this five-year period is around 0.37%, reflecting consistent but modest growth.
Future trends to watch for include:
- Opportunity for expanding domestic production driven by policy support and technological advancements.
- Impact of potential trade policies and tariffs on international sugar imports and exports.
- Consumer trend shifts towards alternative sweeteners affecting traditional sugar demand.