Key Market Indicators
Iraq's wheat consumption is predicted to reach 4.6 million metric tons by 2026, up 0.6% from 2021. Since 2017, Iraqi demand has increased 0.4% year on year. In 2021, Iraq ranked 22nd in the world, with Argentina coming in ahead at 4.5 million metric tons. India, the United States, and Pakistan placed second, third, and fourth, respectively. Iraq's wheat production is expected to reach 4.5 million metric tons by 2026, growing at an average rate of 2.1% year on year. Since 1966, Iraqi wheat supply has increased by 5.5% year on year. In 2021, Iraq was ranked 30th, with Algeria in the top spot at 3.9 million metric tons. India, Russia, and the United States placed second, third, and fourth, respectively.