Based on the data, China's milled rice exports are projected to steadily increase from 2.0 million metric tons in 2024 to 2.07 million metric tons by 2028. The year-on-year variations show incremental growth: 1% increase in 2025, 0.99% in 2026, 0.98% in 2027, and 0.49% in 2028. In 2023, the actual export volume was 1.98 million metric tons, indicating a stable growth trajectory. The CAGR over the forecasted period from 2024 to 2028 is approximately 0.89%.
Future trends to watch for include potential changes in global rice demand, shifts in international trade policies, and advancements in agricultural technology that could impact production efficiency and export levels. Additionally, climate change and weather patterns could influence rice yields and export capacities.
