Key Market Indicators
Serbian pulses production is projected to decline steadily, reaching approximately 40,670 metric tons by 2028. This marks a decrease from the 48,490 metric tons recorded in 2023, reflecting an annual compound growth rate (CAGR) of -2.8%. The downward trend has been a consistent pattern since 2011, with Serbian supply diminishing at an average rate of 3.1% per year. In the global ranking for 2023, Serbia held the 87th position. The Central African Republic surpassed Serbia with a production of 48,490 metric tons. Leading the global pulses production are Myanmar, Canada, and China, occupying the second, third, and fourth spots respectively.
