Key Market Indicators
Austrian grain production is projected to increase to approximately 5.4 million metric tons by 2028, up from around 5.3 million metric tons in 2023, according to recent data. This represents a compound annual growth rate (CAGR) of 0.3%. Since 1966, Austria's grain supply has consistently risen, with an annual growth rate of 2.1%. In 2023, Austria was ranked 52nd globally in grain production. Lithuania slightly outpaced Austria with an identical production figure of around 5.3 million metric tons. The leading countries in grain production remain the United States, India, and Brazil, holding the top three positions, respectively.