Key Market Indicators
Peru's grains production is projected to climb to nearly six million metric tons by 2028. This marks a steady increase from approximately 5.7 million metric tons recorded in 2023, reflecting an average annual growth rate of 0.9%. Since 1966, Peru's grain supply has remained relatively stable, with no significant year-on-year decline. In the current year, the country ranks 47th globally in grain production. Algeria has surpassed Peru, with a production output matching Peru's 5.7 million metric tons. On the global stage, the United States, India, and Brazil hold the top positions in grain production, ranking second, third, and fourth respectively.