Key Market Indicators
Spanish consumption of oilseeds is predicted to reach 321,000 metric tons by 2026, up from 273,000 metric tons in 2021. This averages out to a 2.6% year-on-year growth rate since 2017. Spain ranked 28th in 2021, with Zambia ahead of it at 273,000 metric tons. India, Indonesia, and Brazil ranked second, third, and fourth in this ranking. Meanwhile, production of oilseeds in Spain is forecast to reach 1,980,400 metric tons by 2026, up from 1,955,800 metric tons in 2021. This equates to an average 0.4% year-on-year growth since 1966. Spain ranked 17th in 2021, with Colombia ahead of it at 1,955,800 metric tons. Brazil, the United States, and Malaysia ranked second, third, and fourth in this ranking.
