The cereal production in China is forecasted to show steady growth from 2024 to 2028. The value in 2023 stood at 64.33 ten million metric tons. For the year 2024, the production value is projected to reach 64.97 ten million metric tons, which depicts an approximate year-on-year increase of 1.0% from 2023. This positive trend continues over the next years, with production expected to rise to 65.52 ten million metric tons in 2025 (a 0.9% increase), 66.07 ten million metric tons in 2026 (a 0.8% increase), 66.62 ten million metric tons in 2027 (a 0.8% increase), and 67.15 ten million metric tons in 2028 (a 0.8% increase). The Compound Annual Growth Rate (CAGR) from 2024 to 2028 stands at approximately 0.9%.
Future trends to watch for include advancements in agricultural technology, climate change impacts, and shifts in domestic and international demand. Developments in these areas could significantly influence cereal production capacity and yield efficiency in China.
