The forecast for soybeans production at the farm gate in China shows a steady increase from 2024 to 2028, with values rising from 12.76 billion USD in 2024 to 13.98 billion USD in 2028. Comparing this to the actual figures from previous years, there is a clear upward trend in production value.
Year-on-year variations indicate a consistent growth pattern, with an approximate annual increase of 2.4% from 2024 to 2025, and 2.3% from 2025 to 2026, and the trend continues similarly up to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 averages around 2.35% per year.
Important future trends to watch for include potential fluctuations due to global trade dynamics, shifts in domestic policy affecting agricultural subsidies, and technological advancements that could boost productivity. Additionally, climate change and its impact on harvest yields will be critical factors to monitor going forward.
