Key Market Indicators
Saint Lucian oilseeds production is projected to decline to approximately 880 metric tons by 2028, down from 1,090 metric tons in 2023. This represents an average annual decrease of 3.3%. Historical data reveals that since 1966, the country's oilseed supply has been decreasing at an average rate of 2.7% per year. In the global ranking of oilseed production for 2023, Saint Lucia stands at 154th place. The Netherlands has surpassed Saint Lucia with the same production volume of 1,090 metric tons. Leading the rankings are Brazil, Malaysia, and the United States, occupying the second, third, and fourth positions respectively. In terms of oilseed consumption, Saint Lucia maintained a stable level of 1,000 metric tons in both 2017 and 2018.
