Key Market Indicators
Libyan oilseeds production is projected to decline to approximately 28,000 metric tons by 2028, down from nearly 32,000 metric tons recorded in 2023. This represents a yearly decrease of around 1.9% CAGR. Historical data since 1966 indicates that Libyan oilseeds supply has consistently fallen by about 2% annually. In the global rankings for 2023, Libya was positioned at 107th, with Lebanon slightly ahead, also producing close to 32,000 metric tons. Leading the list, Brazil secured the top spot, followed by Malaysia and the United States, occupying the second, third, and fourth positions, respectively.
