Key Market Indicators
Greek grains production is projected to decline significantly by 2028. Estimates indicate that output will drop to approximately 1.67 million metric tons, down from nearly 2.4 million metric tons in 2023. This represents an annual decrease of 5.8% in the compound annual growth rate (CAGR). Historically, Greece has seen a steady reduction in grain supply, with a yearly decline of 4.3% since 1966. In the global context, Greece ranked 85th in grain production in 2023. Notably, Benin surpassed Greece with a production volume of around 2.4 million metric tons. The top positions in global grain production were held by the United States, India, and Brazil, occupying the second, third, and fourth spots respectively.
