The maize market in China for the period 2024 to 2028 shows a forecasted stability with a slight increase in per capita consumption, starting at 7.17 kilograms and increasing marginally to 7.18 kilograms by 2028. In 2023, the per capita volume stood at 7.15 kilograms, indicating a steady consumption trend over the upcoming five years. The year-on-year variation is minimal, with a five-year CAGR remaining nearly flat due to consistent demand and supply dynamics in the market.
Future trends to watch for include potential impacts of policy changes on agricultural subsidies, shifts in consumer dietary preferences, and effects of global trade relations, which could alter supply and demand. Additionally, technology-driven improvements in farming efficiency could slightly boost production volume, ensuring consistent supply to meet demand.
