The import value of fresh foliage and branches for bouquets to China in 2023 stood at approximately 5.35 million USD. Looking ahead, the forecast data indicates a steady annual increase with the import value expected to reach 6.693 million USD by 2028. The year-on-year percentage variation shows a consistent growth pattern: from 5.62 million USD in 2024 to 5.89 million USD in 2025, 6.17 million USD in 2026, and 6.43 million USD by 2027. The compound annual growth rate (CAGR) over these five years averages around 4.3%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainably sourced foliage, impacting import sources and volumes.
- Trade policies and tariffs that may affect the pricing and availability of imported foliage.
- Technological advancements in logistics and supply chains which could streamline imports.
- Economic fluctuations that could influence consumer spending power and the decorative foliage market.