In 2023, Argentina's barley supply stood at 5.43 Million Metric Tons. The forecast data for the subsequent years indicate a steady increase in barley supply: 5.55 Million Metric Tons in 2024, 5.67 in 2025, 5.8 in 2026, 5.92 in 2027, and 6.04 in 2028. Year-on-year, the percentage increase from 2023 to 2024 is 2.21%, 2.16% from 2024 to 2025, 2.29% from 2025 to 2026, 2.07% from 2026 to 2027, and 2.03% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 is approximately 2.15%.
Future trends to watch for include technological advancements in agricultural practices, climate change impacts, and shifts in global demand for barley, which could significantly influence these forecasted growth rates.
