• Bunge Global SA average gross margin for 2023 was 6.87%, a 26.52% decline from 2022.
• Bunge Global SA average gross margin for 2022 was 5.43%, a 19.56% increase from 2021.
• Bunge Global SA average gross margin for 2021 was 6.75%, a 70.89% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.