Forecast: Dry Cow Peas Production in China

China's dry cow peas production is forecasted to grow steadily from 15.7 thousand metric tons in 2024 to 16.31 thousand metric tons by 2028. Comparing this trend to 2023, where actual production stood slightly lower than 15.7 thousand metric tons, indicates a consistent upward trajectory. The year-on-year growth from 2024 to 2028 averages around 0.9% annually, evidencing a modest yet sustainable increase in production levels. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is suggestive of stable demand and potential improvements in agricultural practices.

Future trends to watch include advancements in farming technology, potential changes in climatic conditions, and government policies impacting legume cultivation. Additionally, shifts in consumer preferences towards plant-based proteins may influence production rates, as well as global market fluctuations due to trade dynamics.

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