In 2023, South Africa's wheat domestic consumption stood at 3.65 million metric tons. Forecasted data for 2024 to 2028 shows a steady increase from 3.67 million metric tons in 2024 to 3.8 million metric tons in 2028. The year-on-year percentage variations highlight a consistent growth of around 0.82% between 2024 and 2025, 0.81% from 2025 to 2026, 1.07% between 2026 and 2027, and similar for 2027 to 2028. Over these five years, the compound annual growth rate (CAGR) averages 0.80% per year.
Future trends to watch for include potential impacts of climate change on wheat yield, economic factors influencing domestic demand, and policy changes affecting agriculture. Additionally, technological advancements and supply chain efficiencies could further drive consumption trends.
