Based on the forecast data, the number of hogs in state farms in China is expected to show modest growth over the next five years. Starting from 1.04 million kilograms in 2024, the amount gradually increases to 1.09 million kilograms by 2028, showing consistent yearly growth. Compared to 2023, where the figure preceded forecasts at slightly lower levels, the year-on-year growth rate remains approximately 1% each year. The compounded annual growth rate (CAGR) for this period stands at around 1.2%, indicating a stable trend.

Future trends to watch for include:

Potential impacts of changes in domestic agricultural policies.
Global market dynamics, such as feed prices and trade agreements, which could influence production efficiency and cost.
The effect of consumer demand trends within and outside China for pork products, possibly affecting production volumes.