Key Market Indicators
British oilseeds consumption is projected to hit 289,000 metric tons by 2028, up from 277,000 metric tons in 2023, reflecting an average annual growth rate of 0.6%. Since 2019, the demand for oilseeds in the UK has increased by 1% each year. In the global ranking, India, Indonesia, and Brazil hold the second, third, and fourth positions, respectively. In terms of production, British oilseeds output is expected to reach approximately 1.16 million metric tons by 2028, rising from 1.08 million metric tons in 2023. This marks an average annual growth rate of 1.1%. Since 1966, the UK's oilseeds supply has seen a consistent annual increase of 1.5%.
