The barley feed consumption in China has been highly volatile from 2014 to 2023. In 2023, it stood at 191k metric tons, declining by 4.5% year-over-year. Despite initial spikes in 2015, 2017, and 2019, the overall trend has been downward, with a calculated CAGR of -4.34% forecasted from 2024 to 2028. This indicates a continued decline, as consumption is expected to decrease by nearly 20% over the next five years.
Future Trends to Watch For:
- Impact of alternative feed products.
- Chinese agricultural policy changes.
- Global barley supply chain dynamics.
- Technological advancements in feed efficiency.
