Key Market Indicators
Chinese consumption of oilseeds is expected to reach 16 million metric tons by 2026, up from 15.2 million metric tons in 2021. This marks an average annual growth rate of 0.5% since 2017. India, Indonesia, and Brazil are the next three largest consumers. Chinese production of oilseeds is also set to increase, reaching 18.6 million metric tons in 2026 from 17.8 million metric tons in 2021. Since 1966, Chinese production has grown by an average of 2.3% per year. In 2021, Malaysia overtook China to become the fourth largest producer, with 17.8 million metric tons. Brazil, the United States, and Malaysia are the next largest producers in the world.
China Oilseeds Market Data and Forecasts
How much will China Oilseeds Market grow to 2026?
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