Forecast: Exports of Animal and Vegetable Oils, Fats and Wax in China

In 2023, China exported Animal and Vegetable Oils, Fats, and Wax valued at 3.20 billion US dollars. Based on forecast data from 2024 to 2028, exports are expected to grow steadily, reaching 5.63 billion US dollars in 2028. The forecasted annual growth rate is approximately 9% from 2024 to 2028.

Key points to watch for in future trends include:

  • Global demand shifts and how they might impact China's export market for these commodities.
  • Potential policy changes in trade agreements or tariffs that could affect export volumes.
  • Technological advancements in production and sustainability practices that could enhance production efficiency and export attractiveness.

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