Year | Value (Million US Dollars) | Year-on-Year Variation (%) |
---|---|---|
2024 | 19.16 | -- |
2025 | 20.34 | 6.15% |
2026 | 21.51 | 5.76% |
2027 | 22.67 | 5.39% |
2028 | 23.82 | 5.06% |
CAGR (2024-2028): 5.58%
The gross production value of raw or retted jute in China is forecasted to demonstrate a consistent upward trend, with an average annual growth rate of 5.58% from 2024 to 2028. Future trends to watch include advancements in jute processing technologies, fluctuations in jute market prices, and policy changes affecting natural fiber production in China. Monitoring these factors will be crucial for stakeholders in the jute industry.