The forecast for turnover of grain and oil in China shows a steady upward trajectory from 2024 through 2028, growing from 5.5 to 6.34 hundred billion Yuans Renminbi. The year-on-year growth rates are consistent, with increases between 3.82% and 4.14%. In 2023, prior to these forecasts, the turnover stood at 5.3 hundred billion Yuans, indicating a strong baseline. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be approximately 3.68%, demonstrating stable market expansion.

Future trends to watch for include:

Technological advancements in agriculture affecting yield and efficiency.
Regulatory changes and sustainability initiatives impacting production and trade.
Global economic conditions influencing demand for grain and oil exports.