South Africa's milled rice exports from 2024 to 2028 are forecasted to increase marginally from 142.0 Thousand Metric Tons in 2024 to 145.0 Thousand Metric Tons in 2028. In comparison, the actual value for 2023 stood at 141.0 Thousand Metric Tons. The forecasted year-on-year growth rates are relatively stable, indicating a modest upward trend.
Here are the key data points to consider:
- Year-on-Year Variation:
- 2024: 0.71%
- 2025: 0.70%
- 2026: 0.70%
- 2027: 0.69%
- 2028: 0.00%
- CAGR (2024-2028): Approximately 0.53%
The forecast for milled rice exports reflects slow but steady growth over the coming years. Future trends to watch for include changes in global demand, potential impacts of trade policies, and fluctuations in domestic production influenced by weather patterns and technological advancements in agriculture.
