The China swine production forecast depicts a gradual upward trend from 2024 to 2028, with values moving from 707.22 to 727.53 million units (heads). In 2023, the production stood at 702.11 million units, indicating an anticipated year-on-year increase ranging from 0.73% to 0.69% over the forecast period.
Key observations:
- From year-on-year variations, a consistent growth pattern is observed.
- The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 0.68%.
Future trends to watch for include potential impacts from technological advancements in farming practices, shifts in consumer demand, policy changes, and external factors such as economic fluctuations or health-related concerns affecting production efficiency and output levels.
