The forecast for dry beans gross production in China from 2024 to 2028 shows a downward trend in monetary terms, starting at 974.48 million USD PPP in 2024 and decreasing to 951.88 million USD PPP by 2028. This represents an approximate annual decline of about 0.46% over this period. In 2023, the production value stood at about 980 million USD PPP.
The year-on-year variations show a gradual decline, which reflects potential challenges in increasing or even maintaining production levels. The projected compound annual growth rate (CAGR) from 2024 to 2028 suggests a consistent decrease at a steady rate over the five-year period.
Future trends to watch for include agricultural policy shifts, changes in global demand for dry beans, climate impacts on agricultural output, and technological advancements that might influence production efficiencies. Paying attention to these factors can provide early indicators of potential changes in production trends beyond 2028.
