By 2023, China's gross production of dry chillies and dry peppers reached approximately a certain baseline value. Forecast data indicates a steady increase from 2024 to 2028, reflecting a compound annual growth rate (CAGR) trend due to rising demand and robust productivity improvements. The year-on-year growth rate is about 0.85% to 1%, suggesting a stable expansion pattern driven by consistent market dynamics.
Future trends to watch for include:
- Potential impact of climate change on pepper yields and production sustainability.
- Increasing domestic consumption and export opportunities.
- Technological advancements in agricultural practices enhancing efficiency.
- Shifts in global spice trade policies influencing Chinese market dynamics.