Key Market Indicators
Malawi's oilseeds consumption is projected to rise modestly to 108,000 metric tons by 2028, up from 107,000 metric tons in 2023. This represents an average annual growth rate of 0.2%. Since 2019, Malawian demand for oilseeds has seen a consistent increase of 0.2% per year. In 2023, Malawi ranked 49th globally in oilseeds consumption, with Australia surpassing it by consuming 107,000 metric tons. India, Indonesia, and Brazil held the second, third, and fourth spots, respectively. On the production side, Malawi is expected to reach 182,000 metric tons of oilseeds by 2028, up from 165,000 metric tons in 2023. This marks an average annual growth rate of 1.5%. Since 1966, the country's oilseeds supply has grown at an average rate of 2.2% per year. In 2023, Malawi ranked 70th in global production, with South Sudan slightly ahead at 165,000 metric tons. Leading the global rankings were Brazil, Malaysia, and the United States in second, third, and fourth places, respectively.
