The analysis of global sorghum stock variation by country reveals notable changes. Ethiopia leads with an increase to 468.0 thousand metric tons in 2024, showing a year-on-year growth of 1.76%, while Benin, Burkina Faso, and several other countries maintain their stock levels. Conversely, countries like Nigeria and China exhibit significant reductions, with decreases of 247.0 and 452.0 thousand metric tons respectively. The trend over the last two years indicates stability in some countries and declines in others, particularly in the United States and China.
Future trends to watch for include continued stock growth in countries like Ethiopia and Bangladesh, which show potential for increased production. Additionally, monitoring the significant reductions in countries such as China, Nigeria, and the United States will be crucial, as these could impact global sorghum supply dynamics. Climate conditions, policy changes, and market demands will be key factors influencing these trends.
Top countries in Sorghum Stock Variation by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ethiopia | 468 | 2023 | +1.08% | +1.76% | View data |
| 2 | 2 Benin | 172 | 2023 | +6.83% | View data | |
| 3 | 3 Burkina Faso | 120 | 2023 | +7.14% | View data | |
| 4 | 4 Niger | 54 | 2023 | +7.39% | View data | |
| 5 | 5 Italy | 33 | 2023 | +6.45% | View data | |
| 6 | 6 Rwanda | 19 | 2023 | +5.56% | View data | |
| 7 | 7 Venezuela | 19 | 2023 | +11.76% | View data | |
| 8 | 8 Togo | 15 | 2023 | +7.14% | +1.39% | View data |
| 9 | 9 Australia | 14 | 2023 | +7.69% | View data | |
| 10 | 10 Hungary | 5 | 2023 | 0% | View data |
