The forecast for barley demand in China indicates a gradual decline from 2024 to 2028, decreasing from 5.83 million metric tons in 2024 to 5.49 million metric tons in 2028. This reflects a year-on-year decrease of approximately 1.54% annually over the forecasted period. In 2023, the actual demand for barley stood at similar levels to 2024, suggesting a stable yet slightly declining trend initiated in the following years.
Future trends to watch for include:
- Changing domestic agricultural policies impacting barley production and imports.
- Shifts in dietary patterns and feed use potentially influencing barley consumption.
- Global market dynamics affecting trade and price fluctuations.