Key Market Indicators
Belgian oilseeds consumption is projected to remain unchanged at 23,000 metric tons by 2028, maintaining the same level as in 2023. This stability has been observed since 2019. In the global ranking for 2023, Belgium stood at 97th place, with Costa Rica slightly ahead, also consuming 23,000 metric tons. Leading the rankings were India, Indonesia, and Brazil, occupying the second, third, and fourth positions respectively. Meanwhile, oilseeds production in Belgium is expected to decline. By 2028, production is forecasted to drop to approximately 10,150 metric tons from 12,310 metric tons in 2023, representing an average annual decrease of 3.1%. This trend reflects a broader pattern observed since 2005, where Belgian oilseeds supply has shrunk by an average of 5.6% year on year. In 2023, Belgium ranked 123rd in oilseeds production, with Finland surpassing it by producing the same 12,310 metric tons. The top producers in this category were Brazil, Malaysia, and the United States, holding the second, third, and fourth spots respectively.
