Key Market Indicators
Micronesian Grains Production is projected to escalate to approximately 383 metric tons by 2028, marking an increase from 345 metric tons recorded in 2023. This growth reflects an annual compound growth rate (CAGR) of 1.7%. Since 1996, Micronesian grain supply has consistently expanded at an average rate of 2.4% per year. Despite this steady growth, the country ranked 167th globally in 2023. Mauritius surpassed Micronesia with a production volume of 345 metric tons. The global leaders in grain production remained the United States, India, and Brazil, occupying the second, third, and fourth positions, respectively.