In 2023, China's barley imports totaled approximately 9 billion kilograms. Forecasts for 2024 to 2028 show a consistent upward trend, with an imported volume of 9.4245 billion kilograms in 2024, increasing annually to 10.756 billion kilograms by 2028. The year-on-year growth rates from 2024 to 2028 are approximately 3.64%, 3.44%, 3.26%, and 3.10% respectively. Over this five-year period, the compound annual growth rate (CAGR) is projected to be around 3.21% annually.
Future trends to watch for include:
- Shifts in barley demand due to changes in consumer preferences and dietary trends in China.
- Impact of climate conditions affecting global barley production and supply chain disruptions.
- Trade policy changes, including tariffs and bilateral agreements, affecting import levels.