The forecasted coffee import volume in China indicates an upward trend, rising from 266.95 thousand metric tons in 2024 to 284.97 thousand metric tons in 2028. For context, the actual import volume in 2023 stood at 262.5 thousand metric tons, showcasing a year-on-year increase of approximately 1.70% in 2024. This trend continues with annual growth rates of 1.74% in 2025, 1.67% in 2026, 1.62% in 2027, and 1.56% in 2028. Over a five-year period, the Compound Annual Growth Rate (CAGR) is projected to be around 1.65%.
Future trends to watch for:
- Changes in consumer preferences and increased demand for specialty coffee.
- Potential impacts of economic policies and trade agreements on import volumes.
- Technological advancements in coffee production and supply chain enhancements.
- Shifts in global coffee production due to climate change and its effects on bean yields.