Key Market Indicators
Kazakhstan's oilseeds consumption is projected to reach 36,000 metric tons by 2028, up from 35,000 metric tons in 2023. This marks an average annual growth rate of 0.6%. Since 2019, the country's demand has remained stable. In 2023, Kazakhstan ranked 84th globally in oilseeds consumption, with Ecuador slightly ahead at 35,000 metric tons. Leading the global rankings are India, Indonesia, and Brazil, occupying the second, third, and fourth spots respectively. On the production side, Kazakhstan's oilseeds output is expected to climb to approximately 1.37 million metric tons by 2028, rising from around 1.16 million metric tons in 2023. This represents a compound annual growth rate (CAGR) of 2.7%. Since 1997, Kazakhstani oilseeds production has grown by an average of 3% per year. In 2023, Kazakhstan ranked 20th globally, with Hungary surpassing it at around 1.16 million metric tons. The top producers in the world include Brazil, Malaysia, and the United States, holding the second, third, and fourth positions respectively.
