Key Market Indicators
Bangladesh is expected to see an increase of around 16,000 metric tons in millet consumption by 2026. Since 2017, demand has been rising at an average rate of 2.9% each year, and the country currently ranks 35th in the world with 12,000 metric tons consumed in 2021. Guinea-Bissau, Niger, Nigeria and Mali make up the top four countries for millet consumption. Meanwhile, Bangladeshi millet production is forecast to drop to 3,040 metric tons by 2026, down 13.9% from 7,050 metric tons in 2021. Since 1966, the country’s supply has decreased by 14.3% each year. Burundi currently has the highest millet production rate, followed by Nigeria, China and Mali.
