Key Market Indicators
Lao Grains Production is projected to hit approximately 4.42 million metric tons by 2028, an increase from the current 4.4 million metric tons in 2023. This marks a modest annual growth rate of 0.1%. However, since 1966, Lao grains supply has witnessed a yearly decline of 0.7%. In the global ranking for 2023, Laos stood at 61st place, with Madagascar surpassing it at 4.4 million metric tons. The leading nations in grains production remain the United States, India, and Brazil, occupying the second, third, and fourth positions, respectively.
