The barley beer production in China has displayed a fluctuating trend over the past decade, with a noticeable decline from 51.206 million metric tons in 2013 to 40.756 million metric tons in 2023. The production witnessed a substantial drop between 2013 and 2018 but experienced slight rebounds and consistent values around 40 million metric tons from 2019 onwards. The year-on-year variation over the last two years shows minimal decreases of approximately 0.075%, whereas the last 5-year CAGR stands at 1.04%, indicating a relatively stable but stagnating production scenario.
Future trends to watch for include:
- Impact of emerging craft beer market on production dynamics.
- Potential influences of changing consumer preferences and economic conditions.
- Technological advancements in brewing and sustainability efforts within the industry.