Forecast: Soybeans Production at Farm Gate in China

Soybean production at China's farm gate is projected to steadily increase from 2024 to 2028. In 2024, the forecasted value stands at 11.04 billion Euros, progressing to 11.96 billion Euros by 2028. This represents a gradual yet consistent year-on-year growth, highlighting an expectation for constant production expansion. In 2023, actual figures were recorded slightly lower than 2024, indicating an upward trend beginning from 2024. The Compounded Annual Growth Rate (CAGR) over these years reinforces a moderate growth trajectory.

Future trends to monitor:

  • Potential impacts of climate change on soybean yield and farm practices.
  • Government policies reconciling agricultural needs with environmental sustainability.
  • Market demand fluctuations domestically and globally influencing production value.

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