In 2023, China's millet losses stood at a certain figure (not specified in provided data), and forecasts indicate a downward trend from 2024 to 2028. The projection shows millet losses decreasing from 46,000 metric tons in 2024 to 28,000 metric tons by 2028. The year-on-year decline is consistent, with 2025 reflecting an 11% decrease, 2026 a 9.76% decrease, 2027 a 13.51% decrease, and 2028 a 12.5% decrease. The cumulative average growth rate (CAGR) from 2024 to 2028 is -11.13%, showing a steady reduction in losses across these years.
Future trends to watch include technological advancements in crop management, policy changes related to agriculture in China, and climate change impacts, which could affect crop yields and consequently alter loss projections beyond 2028. Monitoring these factors will be crucial for accurate future forecasts and strategic planning.
