Forecast for China's dry peas gross production shows a consistent upward trend from 2024 to 2028, beginning at 515.25 million USD in 2024 and reaching 533.55 million USD by 2028. The year-on-year growth remains steady, with a slight increase each year signaling positive momentum in production value. Compared with 2023 data, the forecasts for 2024 and onward indicate a recovering and expanding market.
The compound annual growth rate (CAGR) for the projected years averages around 0.88%, reflecting a steady increase in production value.
Future trends to watch for include:
- Technological advances in agriculture that may boost yield efficiency.
- Potential shifts in trade policies affecting import/export dynamics.
- Changes in domestic demand driven by dietary trends and population growth.
