Key Market Indicators
Australia's pulse production is projected to decline to approximately 1.65 million metric tons by 2028, down from around 1.87 million metric tons in 2023. This represents an annual decrease of 1.9% in the compound annual growth rate (CAGR). Despite this downward trend, Australian pulse supply has seen a modest increase of 0.4% per year since 1966. In the global ranking for 2023, Australia holds the 10th position. The United States leads the list with a production of 1.87 million metric tons. Following closely are Myanmar, Canada, and China, securing the second, third, and fourth spots respectively in pulse production.
