In 2023, China's sweet potatoes gross production stood at an undisclosed volume, but the forecast for 2024 indicates a value of 9.6358 billion USD. The projected decline in value from 2024 to 2028 is accompanied by decreasing year-on-year percentages: a -1.55% in 2025, -1.55% in 2026, -1.56% in 2027, and -1.57% in 2028. The compound annual growth rate (CAGR) over this five-year period is approximately -1.56%, underscoring a consistent downtrend.
Future trends to watch for:
- Developments in agricultural technology that could counteract yield declines.
- Policy measures from the Chinese government to support sweet potato production.
- Market demand shifts towards or away from sweet potatoes due to changes in consumer preferences or dietary trends.