Key Market Indicators
Spanish oilseeds consumption is projected to rise to approximately 340,000 metric tons by 2028, up from about 290,000 metric tons in 2023. This marks an average annual growth rate of 2.3%. Since 2019, Spain's demand for oilseeds has seen a steady increase of 3.3% per year. In 2023, Spain ranked 27th globally in oilseeds consumption. Germany surpassed Spain with a consumption of roughly 290,000 metric tons. Meanwhile, India, Indonesia, and Brazil held the second, third, and fourth spots in the global oilseeds consumption rankings, respectively.
