Key Market Indicators
Cameroonian oilseeds consumption is projected to reach approximately 357,000 metric tons by 2028, up from 352,000 metric tons in 2023. This marks a modest annual growth rate of 0.2%. Since 2019, the country's oilseeds demand has increased by an average of 0.4% each year. In 2023, Cameroon ranked 21st in oilseeds consumption, with Mexico overtaking it at 352,000 metric tons. India, Indonesia, and Brazil ranked second, third, and fourth, respectively. On the production side, Cameroonian oilseeds output is expected to climb to around 776,000 metric tons by 2028, rising from approximately 737,000 metric tons in 2023. This represents an annual growth rate of 0.8%. Since 1966, the country's oilseeds supply has increased by an average of 1.2% per year. In 2023, Cameroon ranked 31st in oilseeds production, with Italy slightly ahead at around 737,000 metric tons. Brazil, Malaysia, and the United States held the second, third, and fourth spots in the global rankings, respectively.
