Key Market Indicators
Austrian consumption of rapeseed is expected to remain stable over the next five years, with the country projected to consume 1 thousand metric tons in 2026. The same level of consumption was recorded in 2021, when Austria ranked 30th in the world. Gabon topped the ranking with 1 thousand metric tons, followed by Canada, Germany and Spain. Austrian production of rapeseed is forecast to decline from 103,130 metric tons in 2021 to 85,860 metric tons in 2026. This would represent a 3.1% year-on-year decline over the five-year period. Since 1966, this type of production has decreased by 6.2% annually. In 2021, Croatia overtook Austria in the ranking, with China, India and France taking the top three spots.
