Key Market Indicators
**Oilseeds Consumption Decline Expected by 2028** Oilseeds consumption in the country is projected to fall to approximately 20,000 metric tons by 2028, down from 21,000 metric tons in 2023. This represents an average annual decline of 0.4%. Despite this downward trend, demand has remained relatively stable since 2019. In the global rankings for 2023, the country was positioned at number 100. The Czech Republic surpassed it with consumption also at around 21,000 metric tons. Leading the rankings were India, Indonesia, and Brazil, occupying the second, third, and fourth spots, respectively. **Oilseeds Production to See Modest Growth** Conversely, oilseeds production in the country is on a growth trajectory. Projections indicate an increase to about 46,000 metric tons by 2028, up from roughly 44,000 metric tons in 2023. This growth marks an average annual increase of 0.7%. Historical data since 1966 shows a consistent year-on-year supply increase of 0.9%. In the 2023 production rankings, the country stood at number 96, with Kenya taking the lead at the same production level of 44,000 metric tons. The top producers in this category include Brazil, Malaysia, and the United States, ranked second, third, and fourth, respectively.
