Key Market Indicators
**Tanzanian Oilseeds Consumption Projected to Decline by 2028** Tanzania's oilseeds consumption is forecasted to decrease to approximately 725,000 metric tons by 2028, down from 786,000 metric tons in 2023. This represents a year-on-year compound annual growth rate (CAGR) decline of 1.3%. Despite this projected decrease, Tanzanian demand for oilseeds has been on an upward trend since 2019, with a modest increase of 0.4% annually. In the global ranking for 2023, Tanzania holds the 13th position. Thailand leads closely with consumption figures matching Tanzania's at around 786,000 metric tons. The top three consumers, India, Indonesia, and Brazil, continue to dominate the market. **Tanzanian Oilseeds Production Expected to Grow by 2028** On the production front, Tanzania is expected to see a growth in oilseeds output, reaching nearly 1.1 million metric tons by 2028, up from about 1.08 million metric tons in 2023. This indicates a modest annual growth rate of 0.5% CAGR. Historically, Tanzanian oilseeds production has been on the rise, with an annual growth rate of 1.2% since 1966. In 2023, Tanzania ranked 21st in global oilseeds production, with Kazakhstan slightly ahead at approximately 1.08 million metric tons. The leading producers in this category are Brazil, Malaysia, and the United States, holding the second, third, and fourth positions, respectively.
