Key Market Indicators
Hungary's grain production is projected to climb to approximately 16.7 million metric tons by 2028, up from about 16 million metric tons in 2023, according to industry data. This represents a modest annual growth rate of 0.7%. Since 1966, Hungary's grain supply has seen a steady increase, averaging an annual growth rate of 1.5%. In the global rankings for 2023, Hungary held the 29th position, with Kazakhstan surpassing it at an equivalent 16 million metric tons. Leading the global rankings were the United States, India, and Brazil, securing the second, third, and fourth spots, respectively.
