Key Market Indicators
Bolivian grains production is projected to reach approximately 3.64 million metric tons by 2028, up from around 3.27 million metric tons in 2023. This represents a year-on-year compound annual growth rate (CAGR) of 1.7%. Since 1966, Bolivia's grain supply has shown no significant growth, remaining stagnant year over year. In 2023, Bolivia ranked 76th globally in grain production, just behind Latvia, which surpassed it with 3.27 million metric tons. Leading the global rankings, the United States, India, and Brazil secured the second, third, and fourth positions respectively in grain production for 2023.
