Forecast: Exports of Animal or Vegetable Fats and Oils and their Cleavage Products, Prepared Edible Fats, Animal or Vegetable Waxes in China

In 2023, China's exports of animal or vegetable fats and oils, and their related products stood at $3.30 billion. The forecast from 2024 to 2028 shows a steady increase from $3.69 billion to $5.72 billion. Year-on-year growth rates are approximately 14.08% from 2024 to 2025, 12.09% from 2025 to 2026, 10.59% from 2026 to 2027, and 9.58% from 2027 to 2028. The 5-year compound annual growth rate (CAGR) is anticipated at around 12.35%.

Future trends to watch for include:

  • Changing dietary patterns and health trends affecting demand.
  • Global trade policies influencing export opportunities or restrictions.
  • Innovations in production technologies potentially reducing costs and driving competitiveness.

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