Browse Data and Analysis

For the region that includes Senegal, Guinea, Burkina Faso, and Mali, rice area harvested and production for MY2023/24 is forecast up 1.2 and 2 percent year-over-year, respectively.

Sugar cane production in MY 2024 (January-December 2023) is forecast at 9.9 MMT, increasing nearly three percent from the MY 2023 estimate.

The harvested area for Marketing Year (MY) 2023/24 is forecasted to rise five percent at 1.39 million hectares (MHA) compared to the previous year based on good farm gate prices, increase access to inputs, and improved national security particularly in Burkina Faso.

Peru’s food processing industry is a dynamic sector of the national economy. The food industry in Peru accounts for almost 27 percent of the industrial gross domestic product. The sector declined 3.9 percent with respect 2021, mainly due to international externalities such as higher costs of food ingredients and energy.

Peru's grain production has been impacted by a prolonged drought in 2022 and flooding in March 2023, mostly affecting corn and rice. Wheat imports in MY 2023/2024 are forecast at 2.25 MMT.