Key Market Indicators
**Portuguese Oilseeds Consumption to Reach 36,000 Metric Tons by 2028** Portuguese oilseeds consumption is projected to climb to 36,000 metric tons by 2028, up from 32,000 metric tons in 2023. This growth represents an average annual increase of 1.8%. Since 2019, the demand for oilseeds in Portugal has risen by an average of 0.6% each year. As of 2023, Portugal ranked 86th globally in oilseeds consumption, with Samoa surpassing it at 32,000 metric tons. India, Indonesia, and Brazil held the second, third, and fourth positions, respectively, in this ranking. **Portuguese Oilseeds Production Set for Steady Growth** On the production front, Portuguese oilseeds output is set to reach approximately 290,000 metric tons by 2028, up from around 247,000 metric tons in 2023. This reflects an average annual growth rate of 2.6%. Since 1966, Portugal’s oilseeds production has seen a significant annual increase of 7.8%. In 2023, the country ranked 64th globally, with Niger slightly ahead at 247,000 metric tons. The top producers in this category were Brazil, Malaysia, and the United States, occupying the second, third, and fourth spots, respectively.
