The import of essential oils, resinoids, and terpenic by-products to China is forecasted to grow steadily from 2024 to 2028. In 2023, the actual import value was below the 2024 forecast, indicating a positive growth trend. The year-on-year variation shows a gradual increase, with a consistent average annual growth rate (CAGR) observed over these years.
Future trends to watch for include potential shifts in demand driven by changes in consumer preferences, technological advancements, and fluctuations in global trade policies. Market players should monitor these factors to capitalize on emerging opportunities and mitigate potential risks.
