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Analysis of domestic market prospect

By CnAgri 2020-05-09 14:54:04 Print Tel:861064402118-822 Email: chen.wang@boabc.com

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Market value: China’s output value of agriculture, forestry, animal husbandry and fishery totaled 11.36 trillion yuan in 2018, increasing by 3.5% over the previous year, maintaining a growth rate of 3.5%-4.0% since 2013. The output value of planting industry reached 6.15 trillion yuan, up 3.9% over the previous year; that of animal husbandry was 2.86 trillion yuan, up 1.7% year-on-year; that of fishery stood at 1.21 trillion yuan, growing by 2.7% from the year before.
Although grain prices declined somewhat in 2019, the prices of vegetables, fruits, and animal products rose significantly, so the output values of agriculture, forestry, animal husbandry and fishery all increased at an expected growth rate of above 4%. 
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