Key Market Indicators
Panama's grains production is projected to reach approximately 451,000 metric tons by 2028, up from an estimated 438,000 metric tons in 2023. This represents an average annual growth rate of 0.5%. However, since 1966, the supply of grains in Panama has experienced a slight annual decline of 0.5%. In the global rankings for 2023, Panama holds the 119th position, just behind Burundi, which produced around 438,000 metric tons. Leading the global production are the United States, India, and Brazil, occupying the second, third, and fourth spots respectively.
