In 2024, China led global wheat production at the farm gate with a value of $43.98 billion, followed by India with $31.14 billion. Other major producers included the United States at $9.97 billion, Canada at $6.0 billion, and Ukraine at $4.97 billion. Minor players in this sector were Mexico, South Africa, Japan, Chile, Switzerland, and Israel, with values ranging from $0.66414 billion to $0.02141 billion.
Based on the provided variations for 2023, India and Ukraine showed strong year-on-year increases at 4.14% and 4.95%, respectively. Japan also witnessed a notable increase of 6.61%. Conversely, China saw a slight decline of 0.27%. Other countries like Canada, South Africa, Chile, and Switzerland experienced moderate growth ranging around 3%.
Future trends show a potential reshuffling in global wheat production capacities. Factors to watch include technological advancements, climate change impacts, geopolitical tensions, and trade policies, especially affecting countries like Ukraine and China.
Top countries in Wheat Production at Farm Gate by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 43,980 | 2023 | +0.085% | -0.27% | View data |
| 2 | 2 India | 31,140 | 2023 | +3.16% | +4.14% | View data |
| 3 | 3 United States | 9,970 | 2023 | +2.87% | +0.5% | View data |
| 4 | 4 Canada | 6,000 | 2023 | +1.27% | +3.39% | View data |
| 5 | 5 Ukraine | 4,970 | 2023 | +3.39% | +4.95% | View data |
| 6 | 6 Mexico | 664.14 | 2023 | +2.95% | +1.2% | View data |
| 7 | 7 South Africa | 627.52 | 2023 | +0.72% | +3.66% | View data |
| 8 | 8 Japan | 473.12 | 2023 | -3.04% | +6.61% | View data |
| 9 | 9 Chile | 337.65 | 2023 | +3.34% | +3.72% | View data |
| 10 | 10 Switzerland | 257.27 | 2023 | +0.34% | +1.2% | View data |
