In 2023, China's grain crops harvested in autumn were valued at 51.83 ten million metric tons. Based on forecasts, the output increases steadily from 52.28 in 2024 to 54.13 ten million metric tons in 2028. Year-on-year growth from 2024 to 2028 averages about 0.9%, with a 5-year compound annual growth rate (CAGR) of approximately 1.093% from 2024 to 2028.
Future trends to watch include:
- Potential shifts in agricultural policies aimed at increasing crop yields.- Impacts of climate change on productivity and output levels.- Technological advancements in farming practices.- Fluctuations in global grain demand and supply chain logistics.
