Key Market Indicators
Mozambican oilseeds consumption witnessed a significant drop in 2023, falling to 7,000 metric tons from 13,000 metric tons in the previous year. This marks a 46% decrease compared to a year earlier. Since 2019, the country's demand for oilseeds has declined by 27% annually. In the global ranking for 2023, Mozambique stood at number 126, with Cyprus just ahead at 7,000 metric tons. Leading the list were India, Indonesia, and Brazil, occupying the second, third, and fourth positions respectively. On the production front, Mozambican oilseeds output is projected to reach 160,000 metric tons by 2028, up from 156,000 metric tons in 2023. This represents a modest annual growth rate of 0.4%. However, since 1966, the country's supply has seen a slight annual decrease of 0.4%. In 2023, Mozambique ranked 73rd in oilseeds production, with Croatia surpassing it at 156,000 metric tons. Dominating the production rankings were Brazil, Malaysia, and the United States, holding the second, third, and fourth positions respectively.
