In 2023, China's milled rice distribution stood at 258.98 Million Metric Tons. The forecasted data from 2024 to 2028 shows a steady decline: 253.68 Million Metric Tons in 2024, 248.8 in 2025, 243.98 in 2026, 239.21 in 2027, and 234.48 in 2028. This represents a year-on-year decrease of approximately 1.92% from 2023 to 2024, 1.92% from 2024 to 2025, 1.94% from 2025 to 2026, 1.95% from 2026 to 2027, and 1.98% from 2027 to 2028. Over the five-year period, the Compound Annual Growth Rate (CAGR) is around -1.95%, indicating a consistent reduction in milled rice distribution.
Future trends to watch for include potential shifts in domestic agricultural policies, sustainability initiatives, and the influence of climate change on rice production. Additionally, changes in import-export dynamics due to international trade policies may impact supply and distribution volumes.
