China's cereals production stood at 651.42 million metric tons in 2023. Over the last two years, production increased by 1.29% in 2022 and by 1.25% in 2023, demonstrating a slight upward trend. Looking at a broader time frame, the last five years saw a compound annual growth rate (CAGR) of 1.29%. This consistent growth suggests a moderate expansion in cereals production.
Future trends to watch for include:
- Projected production growth at a CAGR of 0.98% for the next five years
- Forecasted total production reaching 693.38 million metric tons by 2028
- Potential impacts from climate change, technological advancements, and economic policies on cereal yields and production capabilities