Brazil's sorghum exports are forecasted to remain stable from 2024 to 2026 at 28 thousand metric tons. In 2027 and 2028, exports are expected to increase to 29 thousand metric tons annually. This represents a 3.6% year-on-year increase in 2027 and none from 2024 to 2026. As of 2023, actual exports stood at 28 thousand metric tons. Over the forecasted period, the compounded annual growth rate (CAGR) for sorghum exports is projected to be approximately 0.7%.
Future trends to watch for include global demand shifts due to varying climate conditions affecting crop yields, as well as trade policy changes in key markets, particularly in Asia and Africa, where demand for sorghum is increasing.
