Between 2013 and 2023, Australia's sorghum production exhibited significant volatility, with notable peaks in 2013 and 2015, but overall, the trend has been downward, culminating at 0.9148 million metric tons in 2023.
The year-on-year variation highlights significant declines, especially in 2014 and 2017, with partial recoveries in between, but a general trend of decreasing production. The last two years maintained this downtrend, setting the stage for continued declines.
The 5-year CAGR shows a consistent average annual reduction of 6.69% forecasted from 2024 to 2028, with an overall decrease of 29.25% over this period. This continuation of the downward trend underscores the challenges the industry faces.
Future Trends to Watch For:
- Climate change impacts and variability
- Developments in agricultural technology and practices
- Market demand for alternative grains and shifts in consumption patterns
- Policy interventions and support for sorghum production
