Analyzing China's apple export projections, the data suggests growth from $1.57 billion in 2024 to $1.74 billion by 2028. As of 2023, export performance stood at $1.54 billion, indicating consistent annual increases. Year-on-year growth estimates show a steady rise of approximately 3% to 2.4%. Over five years, the compound annual growth rate (CAGR) is approximately 2.6%, denoting a healthy upward trend in export value.
Future trends to watch include:
- Increasing global demand for Chinese apples due to improved quality and diversification of export markets.
- Potential market challenges such as climate change impacts and international trade regulations.
- Technological advancements in agriculture potentially boosting production efficiency and export capacities.
