Key Market Indicators
Azerbaijan's grain production is projected to reach approximately 4.1 million metric tons by 2028, up from around 3.7 million metric tons in 2023. This growth represents an average annual increase of 1.8%. Since 1997, Azerbaijan's grain supply has seen a steady increase, averaging a 3% rise each year. In 2023, the nation ranked 67th in global grain production, with Finland surpassing it, producing a similar 3.7 million metric tons. In the global rankings, the United States, India, and Brazil held the second, third, and fourth positions, respectively.
