Oil crops production in China reduced slightly from 2013 to 2016, followed by a significant increase in 2017. Production, measured in million metric tons, continued its upward trend until it slightly dipped in 2020. A recovery was seen from 2021 onwards, reaching 77.213 million metric tons in 2023. The year-on-year variations highlight a mix of ups and downs, with recent years indicating modest growth. The compound annual growth rate (CAGR) over the past five years stands at approximately 1.88%.
Looking ahead, the forecast projects continued growth through 2028, albeit at a slower five-year CAGR of 0.86%. By 2028, production is anticipated to reach 81.523 million metric tons, reflecting a total growth rate of 4.36% from 2024. Future trends to watch for include advancements in agricultural technology, climate change impacts, and government policy shifts towards crop production sustainability.
