In 2023, China's import value of prepared or preserved peas stood at approximately 2.162 million USD. The forecasted data from 2024 suggests a steady yet minimal increase in the import values, with figures reaching 2.1738 million USD by 2028. Year-on-year, growth is remarkably low, hovering around 0.11% to 0.12% per year. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 remains modest, indicating a stable but relatively flat growth trend.
Future trends to watch for include:
- China's evolving consumer preferences, which could impact demand for preserved peas.
- Potential trade policy changes that might affect import conditions.
- Fluctuations in global pea production affecting supply and price stability.
