The sorghum market size in Africa has shown varied growth rates over the past decade. The market grew from 16.81 million metric tons in 2014 to 18.78 million metric tons in 2023, representing a year-on-year variation of 0.59% in 2023, with a compound annual growth rate (CAGR) of 0.45% over the last five years. In comparison, the market experienced notable fluctuations with a peak growth of 3.5% in 2015 and a minor decline of -0.22% in 2019.
From 2014 to 2018, growth was relatively high, but it moderated thereafter with variations staying around approximately 0.5-0.6% annually. Looking forward, the market is forecasted to grow to 19.3 million metric tons by 2028, with a CAGR of 0.43% over the next five years. Indicators point to a generally steady, albeit slow, increase in market volume.
Future trends to watch for include potential shifts in agricultural policies, climate change impacts, and advancements in crop yield technologies, which could influence sorghum production and market dynamics in Africa.
