In 2023, the soybean yield in China stood at approximately 1.98 metric tons per hectare. From 2024 to 2028, forecasts predict a steady increase in yield from 1.99 to 2.04 metric tons per hectare. Year-on-year growth is modest, at approximately 0.5% annually. Over the five-year period from 2024 through 2028, the compound annual growth rate (CAGR) is projected to be around 1%.
Future trends to watch for include:
- Advancements in agricultural technology and farming practices that may stimulate yield increases.
- Climate change impacts on crop productivity and regional disparities.
- Policy shifts regarding domestic agriculture and international trade affecting soybean cultivation.