Key Market Indicators
Swiss oilseeds consumption is projected to remain stable, reaching 16,000 metric tons by 2028, identical to the consumption levels recorded in 2023. The demand in Switzerland has shown stability since 2019. In the global ranking for 2023, Switzerland holds the 107th position, with Uruguay surpassing it at 16,000 metric tons. Leading the rankings, India, Indonesia, and Brazil occupy the second, third, and fourth spots respectively. On the production front, Swiss oilseeds output is expected to grow modestly. By 2028, production is forecasted to hit approximately 37,900 metric tons, up from 36,400 metric tons in 2023, reflecting an annual growth rate of 0.6%. However, since 1966, the country's production has seen a slight decline of 0.4% per year. In the 2023 global production ranking, Switzerland is placed at 105th, with Madagascar slightly ahead at 36,400 metric tons. The top producers include Brazil, Malaysia, and the United States, ranking second, third, and fourth respectively.
