Key Market Indicators
Sri Lanka's grains production is on a steady rise, with projections indicating it will reach approximately 5.23 million metric tons by 2028. This marks an increase from about 4.85 million metric tons in 2023, reflecting an average annual growth rate of 1.2%. Since 1966, the nation's grain supply has seen a consistent year-on-year growth of 2.9%. Despite this upward trajectory, Sri Lanka stood at 57th place in global rankings for 2023. Notably, South Korea surpassed Sri Lanka with a production of around 4.85 million metric tons. In the broader context, the United States, India, and Brazil held the top three spots in global grain production rankings.
