Key Market Indicators
China's wheat consumption is projected to reach nearly 96 million tons by 2026. This is a slight increase on the 94.4 million tons consumed in 2021, representing an average annual growth rate of 0.2%. Since 2017, Chinese demand has grown by an annual average of 0.2%. India, the United States and Pakistan follow China in the ranking. China's wheat production is set to reach 143.6 million tons by 2026. This is a slight increase on the 136.7 million tons produced in 2021, representing an average annual growth rate of 0.8%. Since 1966, Chinese supply has grown by an average of 0.5% each year. India, Russia and the United States follow China in the ranking.