In 2023, the olive oil distribution in China stood at 44.0 Thousand Metric Tons. For the years 2024 and 2025, forecasts suggest a stable distribution at 44.0 Thousand Metric Tons. A slight growth is anticipated in 2026, with a value reach to 45.0 Thousand Metric Tons, where it remains steady through 2028. No variation is seen between 2024 and 2025, but a 2.27% increase occurs from 2025 to 2026. The CAGR (Compound Annual Growth Rate) over the last five years is approximately 0.45%.
Future trends to watch for:
- Potential changes in import policies or trade relations that might impact supply.
- Growing consumer awareness and preference for healthier oils, possibly elevating demand.
- Economic factors and disposable income growth, which could increase overall expenditure on premium cooking oils.