Key Market Indicators
Croatian oilseeds consumption is projected to climb to 28,000 metric tons by 2028, up from 26,000 metric tons in 2023. This marks a 1.5% year-on-year compound annual growth rate (CAGR). Since 2019, the country's demand for oilseeds has surged by 4.4% per year. In the global ranking for 2023, Croatia holds the 91st position, with Guyana surpassing it at 26,000 metric tons. India, Indonesia, and Brazil are the top three countries in this category. On the production front, Croatia's oilseed output is expected to reach approximately 180,000 metric tons by 2028, rising from around 160,000 metric tons in 2023. This equates to a 1.8% annual growth rate. Since 1997, Croatian oilseed supply has seen a modest annual increase of 0.5%. In 2023, Croatia ranked 72nd globally, with Latvia overtaking it at 160,000 metric tons. Brazil, Malaysia, and the United States occupy the second, third, and fourth positions, respectively, in global oilseed production rankings.
