Based on the provided data, the forecasted jute production values in China are as follows:
- 2024: 14.95 Thousand Metric Tons
- 2025: 12.3 Thousand Metric Tons
- 2026: 9.71 Thousand Metric Tons
- 2027: 7.17 Thousand Metric Tons
- 2028: 4.67 Thousand Metric Tons
Year-on-Year Variations:
- 2025: -17.72%
- 2026: -21.06%
- 2027: -26.15%
- 2028: -34.87%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -25.70%.
Future Trends to Watch: The data indicates a significant decline in jute production over the next five years. Factors such as shifts in agricultural practices, climate change impacts, and potential changes in government policies could be major influences. Close monitoring of these variables will be essential to fully understand the future trajectory of jute production in China.
