China's wheat domestic consumption is projected to rise from 154.41 million metric tons in 2024 to 160.30 million metric tons in 2028. This reflects a steady annual growth trend, underscoring a continuous increase in demand. As of 2023, consumption was recorded slightly below the forecast for 2024, indicating a consistent growth pattern.
The annual average growth rate for this period is captured by observing the compound annual growth rate (CAGR), reflecting a modest but stable increase over these five years.
Future trends to watch for include potential impacts of climate change on domestic production, changes in dietary preferences, and any trade policy shifts affecting wheat imports and availability, which could influence consumption patterns.
