Key Market Indicators
Dominican Oilseed Production is projected to decline to approximately 666 metric tons by 2028, down from 792 metric tons in 2023. This represents an annual decrease of 2.8% in compound annual growth rate (CAGR). Historical data shows a consistent downward trend in the country's oilseed supply, with an average annual decline of 2.7% since 1966. In 2023, the Dominican Republic ranked 158th globally in oilseed production, with Mauritania surpassing it with a production of 792 metric tons. Leading the global rankings in oilseed production were Brazil, Malaysia, and the United States, occupying the second, third, and fourth positions respectively. On the consumption side, Dominican oilseed usage remained stable at around 1,000 metric tons in both 2017 and 2018. These figures suggest a steady demand for oilseeds within the country during this period.
