Key Market Indicators
Nigeria leads the ranking with $8,830 Million, followed by the United States, Pakistan, and India, respectively taking the second, third, and fourth spots. Paraguayan agricultural Gross Domestic Product (GDP) is forecasted to reach nearly $4 billion by 2026, up from $3.9 billion in 2021. On average, the market expanded 0.6% year-on-year since 2013. In 2021, Paraguay ranked 34th, while Nigeria was ahead with $3.9 billion. The United States, Nigeria and Pakistan were the second, third, and fourth largest agricultural markets, respectively. Paraguayan Agricultural Production is anticipated to reach nearly $10 billion by 2026, up from $8.8 billion in 2021, with a CAGR of 1.7% year-on-year since 1996. Nigeria topped the ranking with $8.8 billion, followed by the United States, Pakistan and India, respectively.