In 2023, China's wheat production stood at 137.05 million metric tons. Forecasts from 2024 to 2028 indicate a steady increase in wheat production, with values projected to rise annually from 137.78 million metric tons in 2024 to 140.67 million metric tons in 2028. The year-on-year variation from 2023 to 2024 shows a 0.53% increase. Over the last two years, the average annual growth rate is approximately 0.53%, and the Compound Annual Growth Rate (CAGR) from 2024 to 2028 is about 0.52%.
Future trends to watch for include the impact of climate change on wheat yields, advancements in agricultural technology, and potential shifts in domestic and international wheat demand due to economic and population growth. Additionally, government policies and trade agreements will play a crucial role in shaping China’s wheat production landscape.
