The forecast for corn supply in China indicates a steady increase from 507.96 million metric tons in 2024 to 515.35 million metric tons in 2028. This upward trend represents a year-on-year growth rate of approximately 0.37% per year. The Compound Annual Growth Rate (CAGR) over this period is consistent with this trend, averaging 0.37% annually over the next five years.
The corn supply in China stood at 505 million metric tons in 2023, suggesting a modest but consistent growth in supply forecasted for 2024 and beyond.
Future trends to watch for include potential impacts of climatic changes on corn production, the demand shifts driven by domestic consumption and export needs, technological advancements in agriculture, and policy changes related to agriculture and trade within China and globally.