Based on the data, there is a consistent upward trend in the demand for rye in China from 2024 to 2028. The projected figures in million metric tons are as follows:
- 2024: 1.35
- 2025: 1.39 (2.96% YoY increase)
- 2026: 1.43 (2.88% YoY increase)
- 2027: 1.46 (2.10% YoY increase)
- 2028: 1.50 (2.74% YoY increase)
The Compound Annual Growth Rate (CAGR) over the period from 2024 to 2028 is approximately 2.68%, indicating steady growth in rye demand.
Future trends to watch for include the impact of dietary shifts, agricultural policy changes, and advancements in rye cultivation technology. These factors might influence the steady growth observed in the current forecast.
