Key Market Indicators
Samoan oilseeds consumption is projected to remain stable over the next five years, reaching 34,000 metric tons by 2028. This figure mirrors the 34,000 metric tons recorded in 2023, indicating no significant change in demand since 2019. In the global ranking for 2023, Samoa held the 85th position, with Kazakhstan slightly ahead at the same consumption level. Leading the pack were India, Indonesia, and Brazil, occupying the second, third, and fourth positions respectively. On the production front, Samoa is expected to see a modest increase. By 2028, oilseeds production is forecasted to hit 25,000 metric tons, up from 24,000 metric tons in 2023. This represents an average annual growth rate of 0.5%. Historical data since 1966 shows a steady annual increase of 0.6% in Samoan oilseeds supply. In 2023, Samoa ranked 113th in production, just behind Burundi with 24,000 metric tons. The top producers in this category were Brazil, Malaysia, and the United States, holding the second, third, and fourth spots respectively.
