Key Market Indicators
Nepal's grain production is projected to hit approximately 12.2 million metric tons by 2028, up from around 11.2 million metric tons in 2023. This marks a compound annual growth rate (CAGR) of 1.3%. Since 1966, Nepal's grain supply has increased by an average of 2.3% annually. As of 2023, Nepal ranks 37th globally in grain production, having been overtaken by Tanzania, which reported a production of roughly 11.2 million metric tons. Leading the global rankings, the United States, India, and Brazil hold the second, third, and fourth positions, respectively, in grain production.