Key Market Indicators
Swedish oilseeds consumption is projected to decline to 26,000 metric tons by 2028, down from 27,000 metric tons in 2023. This marks an average annual decrease of 0.8%. Since 2019, Sweden's demand for oilseeds has seen a year-on-year decline of 0.7%. In the global ranking for 2023, Sweden held the 88th position, with Gabon surpassing it at 27,000 metric tons. Leading the rankings were India, Indonesia, and Brazil, occupying the second, third, and fourth spots, respectively. In contrast, Swedish oilseeds production is expected to increase, reaching approximately 153,000 metric tons by 2028, up from 141,000 metric tons in 2023. This represents a compound annual growth rate (CAGR) of 1.2%. Historical data since 1966 indicates that Sweden's oilseeds supply has surged by an average of 10.9% annually. In 2023, Sweden was ranked 75th globally, with Angola overtaking it at 141,000 metric tons. The top producers in the world were Brazil, Malaysia, and the United States, ranking second, third, and fourth, respectively.
