In 2023, India led the global millet seed market with a substantial share, contributing 33.56 thousand metric tons. Following were Niger, Nigeria, and Mali with significant shares. Countries like Russia and Kazakhstan encountered noticeable declines, with Russia seeing a 4.9% drop, and Kazakhstan experiencing a steep 12.94% decrease compared to 2022. On the other hand, Zimbabwe and Gambia observed notable growth rates of 5.92% and 4.56% respectively. Despite China's sizable share, it remained stagnant alongside several other countries such as Burkina Faso and Ethiopia.
Future trends to watch for in the global millet seed market include:
- A shift towards increased production in African countries like Nigeria and Mali, aiming for higher agricultural outputs.
- Potential stabilization in countries that currently face declines, particularly Russia and Kazakhstan, hinting at possible market corrections.
- Exploration of markets with untapped potential could lead to an expanded market presence, especially in developing regions.
Top countries in Millet Seed Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 33.56 | 2023 | -0.4% | -0.55% | View data |
| 2 | 2 Niger | 18.46 | 2023 | +1.48% | +1.05% | View data |
| 3 | 3 Nigeria | 9.57 | 2023 | +2.9% | +1.78% | View data |
| 4 | 4 Mali | 7.14 | 2023 | +1.92% | +1.17% | View data |
| 5 | 5 China | 4.99 | 2023 | 0% | 0% | View data |
| 6 | 6 Burkina Faso | 4.85 | 2023 | 0% | 0% | View data |
| 7 | 7 Senegal | 3.23 | 2023 | 0% | +0.85% | View data |
| 8 | 8 Namibia | 1.62 | 2023 | 0% | +1.76% | View data |
| 9 | 9 Ethiopia | 1.62 | 2023 | 0% | 0% | View data |
| 10 | 10 Myanmar | 1.48 | 2023 | 0% | 0% | View data |
