The wheat export forecast for China shows a steady upward trend from 2024 to 2028, starting at 923 thousand metric tons in 2024 and reaching 957 thousand metric tons by 2028. Compared to 2023, which saw exports at 913 thousand metric tons, the year-on-year variation indicates moderate increases. Specifically, there's a 1.1% increase from 2023 to 2024, followed by a 1.0% increase from 2024 to 2025, 0.9% from 2025 to 2026, 1.0% from 2026 to 2027, and 0.8% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 1.0%.
Future trends to watch for include potential impacts from global trade policies, climate change affecting crop yields, and technological advancements in agriculture that could influence production efficiency. Additionally, shifts in international demand and competition from other wheat-exporting countries will play a critical role in shaping China's wheat export landscape.
