In 2023, the cereals gross production in China was valued at 176.54 billion US Dollars PPP. The forecast shows a steady increase from 2024 to 2028, with an average annual growth rate reflecting a positive trend. Year-on-year, the values depict growth each year, indicating a consistent upward trajectory.
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is anticipated to sustain this positive trend, suggesting robust growth in the sector.
Future trends to watch for:
- Implementation of advanced agricultural technologies and practices that could boost production efficiency.
- Potential impact of climate change and policy adjustments on agricultural output.
- Demand fluctuations driven by domestic consumption and global trade dynamics.
