In 2023, sorghum distribution in Argentina stood at 2.60 million metric tons. The forecasted data from 2024 to 2028 shows a steady annual increase in volume, with values expected to reach 3.20 million metric tons by 2028. The year-on-year percentage variation over the last two years indicates consistent growth, reflecting a robust demand or production increment for sorghum in the region. The Compound Annual Growth Rate (CAGR) over the last five years reveals an average yearly increase, highlighting sustained growth in the sector.
Future trends to watch for include potential impacts of climate change on sorghum yields, shifts in global demand for sorghum as a biofuel, and advancements in agricultural technology that could further boost production efficiency and distribution in Argentina.
-2024: 2.72
-2025: 2.84
-2026: 2.96
-2027: 3.08
-2028: 3.20
