Key Market Indicators
British grains production is projected to dip slightly over the next five years, according to recent estimates. By 2028, output is expected to reach approximately 21.3 million metric tons, down from 21.5 million metric tons in 2023, marking a 0.1% decrease annually. Historical data since 1966 indicates a modest upward trend, with supply increasing by an average of 0.4% each year. Despite this long-term growth, the United Kingdom's position in the global ranking has seen changes. In 2023, the UK ranked 27th in grains production. Spain surpassed the UK with an equivalent production of around 21.5 million metric tons. Leading the rankings were the United States, India, and Brazil, occupying the second, third, and fourth spots respectively.