Key Market Indicators
Salvadoran Oilseeds Consumption is projected to rise to 104,000 metric tons by 2028, up from 95,000 metric tons in 2023. This marks an average annual growth rate of 1.4%. Since 2019, the demand in El Salvador has increased by 1.8% per year. In 2023, El Salvador ranked 51st worldwide in oilseeds consumption, with Iraq slightly ahead at 95,000 metric tons. The leading countries in this category were India, Indonesia, and Brazil, occupying the second, third, and fourth spots, respectively. On the production front, Salvadoran Oilseeds Production is expected to reach 22,700 metric tons by 2028, up from 20,500 metric tons in 2023, reflecting an average annual growth rate of 1.6%. Since 1966, the country's oilseeds supply has seen a modest increase of 0.4% per year. In 2023, El Salvador ranked 115th globally in oilseeds production, with Somalia slightly ahead at 20,500 metric tons. The top producers in this category were Brazil, Malaysia, and the United States, ranking second, third, and fourth, respectively.
