Key Market Indicators
Hungary's rapeseed consumption is predicted to remain steady over the next five years, at around 3 thousand metric tons. Since 2017, it has remained stable and was placed 18th in 2021, with Mali in the lead at 3 thousand metric tons. Canada, Germany and Spain were ranked 2nd, 3rd and 4th, respectively. Hungary's rapeseed production is expected to grow by 2.4% year-on-year CAGR to 1.17 million metric tons in 2026, up from 1.02 million metric tons in 2021. Since 1966, it has risen by 2% annually, placing it 14th in 2021, with Romania in the lead at 1.02 million metric tons. China, India and France were ranked 2nd, 3rd and 4th, respectively.