Key Market Indicators
Central African oilseeds consumption is projected to reach 42,000 metric tons by 2028, rising from 39,000 metric tons in 2023. This marks an average annual growth rate of 1%. Since 2019, the demand for oilseeds in the Central African region has seen a year-on-year increase of 2.8%. In 2023, Central Africa ranked 81st in global oilseed consumption, with Madagascar slightly ahead at 39,000 metric tons. India, Indonesia, and Brazil occupied the second, third, and fourth positions, respectively, in this ranking. On the production front, Central African oilseeds output is expected to decline to 64,750 metric tons by 2028, down from 66,720 metric tons in 2023. This represents an average annual decrease of 0.5%. Since 1966, Central African oilseed production has experienced an average yearly decline of 1.7%. In 2023, Central Africa held the 88th spot in terms of oilseed production, closely following Togo, which also produced 66,720 metric tons. Brazil, Malaysia, and the United States secured the second, third, and fourth ranks, respectively, in global oilseed production.
