The forecast for imports of animal or vegetable fats and oils and their cleavage products, prepared edible fats, animal or vegetable waxes in China from 2024 to 2028 shows a steady increase. The value of imports is expected to rise from $16.94 billion in 2024 to $18.21 billion in 2028. In 2023, the actual imports stood at $16.62 billion. The year-on-year growth rates are modest, indicating an average increase in import value of approximately 1.8% per annum for this period.

Future trends to watch for include:

Potential impacts of China's domestic production capabilities on import demand.
Shifts in consumer preferences towards healthier and plant-based fats and oils.
Global supply chain dynamics and trade policies affecting import levels.
Technological advancements in processing and production that could alter trade patterns.