Forecast: Import of Flour or Meal of Dried Legumes to China

Between 2024 and 2028, the import of flour or meal of dried legumes to China is projected to increase steadily from $12.159 million to $14.104 million. The growth is nearly linear, with year-on-year variations indicating consistent demand increases. This steady rise results in a compound annual growth rate (CAGR) of approximately 3.81%. In comparison, the import value for 2023 needs to be provided to calculate the specific variations for the past year and assess trends accurately.

Future trends to watch for include:

  • Changes in consumer preferences and dietary shifts towards plant-based proteins.
  • Potential trade agreements or tariffs that might affect import costs and volumes.
  • Domestic agricultural developments that might impact reliance on imports.

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