Forecast: Import of Agar-Agar to China

In 2023, China's import of Agar-Agar was 1.26 million kilograms. The forecast from 2024 to 2028 shows a steady increase in imports from 1.317 million kilograms in 2024 to 1.556 million kilograms in 2028. The average annual increase, or CAGR, for this period is approximately 4.14%. Year-on-year, there's a consistent rise, with the most notable growth in 2026 and 2027.

Future trends to monitor include:

  • Potential changes in production capacities in major Agar-Agar exporting countries.
  • Consumption trends in China's food and pharmaceutical sectors.
  • Regulatory changes impacting import/export dynamics.
  • Emerging alternative hydrocolloids that might influence Agar-Agar demand.

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