In 2023, China's dry pea production was measured at approximately 1.565 million metric tons. From 2024 to 2028, forecasts indicate a steady incremental trend in production, rising from 1.5852 million metric tons in 2024 to 1.6644 million metric tons by 2028. This reflects a consistent year-on-year growth pattern, with each subsequent year adding an average of around 1.26% in production capacity compared to the previous year. Over the span of these five years, a modest compound annual growth rate (CAGR) can be observed.
Future trends to watch for include:
- Potential impacts of climate change on crop yields.
- Policy shifts in agricultural subsidies or export regulations.
- Advancements in agricultural technology increasing efficiency and yield.
- Shifts in domestic or global demand for dry peas that may affect production incentives.
