In 2024, the import of beet-pulp, bagasse, and other waste of sugar manufacture to China is forecasted at 19.479 million USD, marking the beginning of a consistent upward trend. By 2028, this figure is expected to reach 23.614 million USD. From 2024 to 2028, the imports exhibit a continuous growth trajectory, with annual increments ranging from 1.066 to 1.026 million USD. The compound annual growth rate (CAGR) over this five-year period is indicative of steady market expansion, underlining increasing demand or strategic import policies.
Future trends worth monitoring include:
- China's domestic sugar industry developments affecting demand for imported waste products.
- Environmental policies that could impact the use of sugar manufacture waste.
- Global market shifts in trade dynamics, potentially influencing China's import patterns.