Key Market Indicators
Papua New Guinea's oilseed production is projected to climb to approximately 890,000 metric tons by 2028, up from around 805,000 metric tons in 2023. This represents an annual growth rate of 1.6%. Since 1966, the country's oilseed supply has been increasing at an average rate of 2.3% per year. In 2023, Papua New Guinea ranked 29th in global oilseed production, with Pakistan just ahead at the same production level of 805,000 metric tons. Leading the global rankings are Brazil, Malaysia, and the United States, occupying the second, third, and fourth positions respectively.