Key Market Indicators
South Africa's grains production is projected to reach approximately 14.31 million metric tons by 2028, up from around 14.16 million metric tons in 2023. This marks an average annual growth rate of 0.2%. However, it is noteworthy that since 1966, South Africa's grain supply has declined by an average of 1.1% per year. Despite this downward trend, the country ranked 31st in global grain production in 2023. Italy, with a production figure identical to South Africa's at 14.16 million metric tons, ranked just ahead. The leading nations in grain production were the United States, India, and Brazil, occupying the second, third, and fourth positions, respectively.