In 2023, Russia leads the global wheat seed market with 29.66 thousand metric tons, showing a 2.47% increase. China and India follow with 11.27 and 7.6 thousand metric tons, respectively, with China growing by 0.08% and India declining by 0.056%. Argentina exhibits notable growth at 3.32%, while the United States sees a decrease of 2.35%. Countries like Iran (1.93%) and Egypt (2.32%) also show rising trends. Conversely, nations such as Ukraine (-1.27%) and Kazakhstan (-0.48%) display declines.
Future trends to watch for include potential market shifts due to geopolitical influences, climate changes impacting yields, and technological advancements in seed development. Growth in emerging markets and policy changes in major producers like Russia and China will also be significant.
Top countries in Wheat Seed Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 29.66 | 2023 | +1.41% | +2.47% | View data |
| 2 | 2 China | 11.27 | 2023 | +0.024% | +0.08% | View data |
| 3 | 3 India | 7.6 | 2023 | -0.28% | -0.056% | View data |
| 4 | 4 Ukraine | 4.92 | 2023 | +1.03% | -1.27% | View data |
| 5 | 5 Kazakhstan | 4.05 | 2023 | -1.04% | -0.48% | View data |
| 6 | 6 United States | 3.82 | 2023 | -2.57% | -2.35% | View data |
| 7 | 7 Iran | 3.7 | 2023 | +1.9% | +1.93% | View data |
| 8 | 8 Pakistan | 2.94 | 2023 | -0.18% | +0.018% | View data |
| 9 | 9 Canada | 2.58 | 2023 | +0.1% | -0.37% | View data |
| 10 | 10 Argentina | 2.39 | 2023 | +3.32% | +3.32% | View data |
