Key Market Indicators
Uruguay's wheat consumption is predicted to reach around 383,000 metric tons by 2026. This figure is a slight increase from 2021's 379,000 metric tons. Since 2017, Uruguayan demand has risen by 0.1% each year. In 2021, the country was ranked 94th, with Madagascar coming in ahead with 379,000 metric tons. India, the United States and Pakistan respectively ranked 2nd, 3rd and 4th in this ranking. Uruguay's wheat production, however, is set to decline from 2021's 602,760 metric tons to 449,630 metric tons by 2026, falling at an average rate of 4.9% per year. Since 1966, Uruguayan supply has decreased by 12.7% annually. In 2021, the country was 57th, with Croatia overtaking with 602,760 metric tons. India, Russia and the United States respectively took the 2nd, 3rd and 4th slots in this ranking.
