Key Market Indicators
Lithuania's grain production is projected to hit approximately 5.8 million metric tons by 2028, up from about 5.3 million metric tons in 2023. This marks an annual growth rate of 1.3%, according to recent forecasts. Since 1997, Lithuania's grain supply has seen a robust increase of nearly 6% per year. Despite this steady growth, Lithuania was ranked 51st in global grain production in 2023. North Korea slightly outpaced Lithuania with its own production of around 5.3 million metric tons. Leading the global rankings in grain production are the United States, India, and Brazil, occupying the second, third, and fourth spots respectively.