In 2023, India led the global millet feed and residual with 1.6 million metric tons, reflecting a robust 17.98% increase over the previous year. Russia followed with 0.15 million metric tons, boasting a substantial year-on-year increase of 24.57%. Conversely, Ukraine and Ethiopia each maintained 0.025 million metric tons, with Ukraine experiencing a 6.51% decrease. Argentina remained steady at 0.004 million metric tons without any growth. The five-year CAGR indicates steady growth in Russia and India, while Ukraine shows a downward trend.
Future trends to watch include:
- Continued growth in India's millet feed sector driven by rising demand.
- Potential for increased production in Russia due to favorable agricultural policies.
- Monitoring Ukraine for possible recovery from recent declines.
- Evaluating the impact of climate changes on Ethiopia's production capabilities.
Top countries in Millet Feed and Residual by Country
| # | 5 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 1,600 | 2023 | 0% | +17.98% | View data |
| 2 | 2 Russia | 150 | 2023 | +100% | +24.57% | View data |
| 3 | 3 Ukraine | 25 | 2023 | 0% | -6.51% | View data |
| 4 | 4 Ethiopia | 25 | 2023 | 0% | 0% | View data |
| 5 | 5 Argentina | 4 | 2023 | +300% | 0% | View data |
