In 2023, the volume of out-port grain handled in China's main coastal ports stood at 6.98 million metric tons. The forecast shows a steady growth trajectory from 2024 to 2028, with volumes predicted to rise from 7.11 to 7.64 million metric tons. Year-on-year growth averages around 1.83%. The compound annual growth rate (CAGR) over this five-year period is estimated to be approximately 1.84%.
Future trends to watch include:
- Increased investments in port infrastructure to handle larger volumes.
- Potential shifts in global trade patterns affecting grain exports.
- Impact of domestic agricultural policies on grain production and export volumes.
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