In 2023, China's production of peaches and nectarines stood at an estimated value of around 17.4 million metric tons. The forecasted data predicts a steady growth in production, reaching 20.076 million metric tons by 2028. Year-on-year growth shows consistent increases, with production expected to rise at an approximate average annual growth rate (CAGR) of 2.9% over the five-year period from 2024 to 2028.
Future trends to watch for:
- Climate change impacts on yield and production stability.
- Technological advancements in agricultural practices.
- Shifts in domestic and international market demand.
- Government policies and subsidies affecting the fruit industry.