In 2023, China's millet stock was at -34,000 metric tons. From 2024 to 2028, the forecast predicts a consistent increase in millet stock levels, showing an annual decrease of 1,000 metric tons per year. The year-on-year reduction rate remains steady at approximately 3.03%. The five-year CAGR reflects a steady decline in negative stock variation at around 3.09%, indicating a gradual increment in stock levels year-over-year.
Future trends to watch for include:
- The potential impact of domestic policies on millet production and stock levels.
- Adaptations in consumer demand due to possible dietary shifts towards more traditional grains.
- Climate conditions affecting millet yield, influencing future stock forecasts.
