In 2023, the gross production of green shallots and green onions in China stood at a level just above 441 million US Dollars (PPP = 2004–2006). The forecasted data from 2024 to 2028 indicates a gradual decline, with values decreasing from 441.53 million in 2024 to 439.84 million in 2028, depicting a continuous downward trend. Year-on-year variations show a consistent decrease of approximately 0.1% to 0.2%. The Compound Annual Growth Rate (CAGR) over the five years implies an average annual decline.
Future trends to watch for:
- Potential impacts of climate change on agricultural productivity.
- Shifts in domestic and international demand due to changing consumer preferences.
- Economic policies that might affect production costs or subsidies.