In 2023, maize production in China stood at 257.95 million metric tons. Based on the forecasted data, maize production is expected to experience a slight but consistent year-on-year decline. From 2024 to 2025, the production level drops by approximately 0.25%, from 257.3 to 256.65 million metric tons. The trend continues similarly each subsequent year, with values diminishing incrementally to 254.75 million metric tons by 2028.
Over the last two years, the year-on-year variation reflects a steady reduction of around 0.25%. Observing the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates a minor average decrease per year.
Future trends to watch for:
- Climate change effects on crop yields.
- Advances in agricultural technology and techniques.
- Government policies and subsidies for maize farmers.
- Market demand fluctuations and global trade dynamics.
