Key Market Indicators
Bahamian oilseeds production is projected to reach approximately 490 metric tons by 2028, up from around 440 metric tons in 2023. This represents an average annual growth rate of 1.4% over the period. Since 2015, the country's oilseeds supply has increased by about 2.1% each year. In 2023, the Bahamas ranked 164th globally in oilseeds production, with Seychelles surpassing it with the same output of around 440 metric tons. Leading the global ranking were Brazil, Malaysia, and the United States, occupying the second, third, and fourth positions, respectively. As for consumption, Bahamian oilseeds consumption remained stable at approximately 3,000 metric tons in 2018, unchanged from the previous year in 2017.
