Forecast: Sugar Cane Demand in China

Based on the provided data, China's sugar cane demand stood at 100 million metric tons in 2023. Looking ahead, the forecasted demand shows a decline from 99.17 million metric tons in 2024 to 94.0 million metric tons in 2028. Over the next five years, the year-on-year variations indicate a consistent decrease: 1.34% in 2025, 1.34% in 2026, 1.34% in 2027, and 1.34% in 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is -1.34%.

Future Trends to Watch For:

  • Shifts in dietary preferences and health consciousness may impact sugar consumption negatively.
  • Government policies on sugar importation and production subsidies could influence domestic demand.
  • Technological advancements in agriculture may affect both supply and pricing dynamics of sugar cane.
  • Global economic conditions and trade agreements will play a crucial role in market fluctuations.

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