Brazil's sorghum production stood at 2.86 million metric tons in 2023. The forecasted data indicates a steady annual increase in production: 2.9444 million metric tons in 2024, rising to 3.2577 million metric tons by 2028. This demonstrates a consistent growth trajectory over the five-year period.
The year-on-year variation percentages are as follows:
- 2024-2025: 2.74%
- 2025-2026: 2.61%
- 2026-2027: 2.5%
- 2027-2028: 2.39%
The average compound annual growth rate (CAGR) for Brazilian sorghum production over the period from 2024 to 2028 is approximately 2.57%.
Future trends to watch for include potential impacts of climate change on crop yields, technological advancements in agricultural practices, and shifts in global demand for sorghum as a food and biofuel source, which could influence production trends and profitability for Brazilian farmers.
