Forecast: Paddy and Rice Imports in China

In 2023, China's paddy and rice imports were at 532.00 ten thousand metric tons. Forecasts for 2024 to 2028 indicate a steady growth, starting at 548.31 in 2024 and reaching 616.85 by 2028. Over this period, the year-on-year growth rates are estimated: 2024 at 3.06%, 2025 at 3.16%, 2026 at 3.05%, 2027 at 2.93%, and 2028 at 2.83%. The five-year compound annual growth rate (CAGR) is projected to be 3.00%, reflecting stable upward momentum in rice importation volumes.

Future trends to consider include:

  • The impact of domestic production trends in China and policy changes on import dependency.
  • Potential trade relations shifts with major rice-exporting countries.
  • Changing consumer preferences and economic conditions influencing demand.

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