Key Market Indicators
Algeria's oilseeds consumption is projected to reach approximately 192,000 metric tons by 2028, up from around 186,000 metric tons in 2023. This marks an average annual growth rate of 0.5%. Since 2019, the country's demand has been climbing steadily at a rate of 0.4% per year. In 2023, Algeria ranked 36th globally in oilseeds consumption, with France leading at 186,000 metric tons. India, Indonesia, and Brazil followed in second, third, and fourth places, respectively. On the production front, Algeria's oilseeds output is expected to hit about 275,000 metric tons by 2028, up from roughly 234,000 metric tons in 2023. This represents an average annual growth rate of 2.5%. Since 1966, Algeria's supply has seen a consistent increase of 3% per year. In 2023, the country ranked 65th in oilseeds production, with Portugal slightly ahead at 234,000 metric tons. Brazil, Malaysia, and the United States occupied the second, third, and fourth positions, respectively, in global rankings.
