The wheat supply in Argentina over the forecast period from 2024 to 2028 shows a steady increase, starting at 19.2 million metric tons (MMT) in 2024 and reaching 19.5 MMT by 2028. As of 2023, the wheat supply stood at 19.15 MMT.
Year-on-year variations:
- 2024: 0.3% increase from 2023
- 2025: 0.36% increase from 2024
- 2026: 0.41% increase from 2025
- 2027: 0.41% increase from 2026
- 2028: 0.36% increase from 2027
The compound annual growth rate (CAGR) for the wheat supply in Argentina over the forecast period (2024-2028) is approximately 0.38%.
Future trends to watch for:
Follow policy changes, international trade dynamics, and advances in agricultural practices, which could impact wheat yield and supply. Climate conditions will remain a critical variable influencing future trends. Monitoring these factors will be essential for accurate forecasting and strategic planning.