Key Market Indicators
Burmese grain production is projected to climb to approximately 29.6 million metric tons by 2028, up from roughly 29.3 million metric tons in 2023. This represents a modest annual growth rate of 0.2%, according to a compound annual growth rate (CAGR) analysis. Despite this growth, the long-term trend has seen a decline in Burmese grain supply, which has decreased at an average rate of 0.5% per year since 1966. In the global rankings for 2023, Myanmar held the 21st position. Nigeria surpassed Myanmar, matching its 2023 production of 29.3 million metric tons. Leading the global grain production rankings were the United States, India, and Brazil, occupying the second, third, and fourth positions respectively.
