Key Market Indicators
Cabo Verdean oilseeds production is projected to decline to approximately 634 metric tons by 2028, down from around 669 metric tons in 2023. This represents an average annual decrease of about 0.9%. Since 1966, the country’s oilseeds supply has consistently fallen by around 0.3% each year. In 2023, Cabo Verde ranked 160th globally in oilseeds production, with Grenada slightly ahead, producing 669 metric tons. The top three countries in oilseeds production were Brazil, Malaysia, and the United States, holding the second, third, and fourth positions, respectively. On the consumption front, Cabo Verde's oilseeds consumption remained steady at 3,000 metric tons in both 2017 and 2018.
