Key Market Indicators
Macedonian Oilseeds Consumption Steady at 13,000 Metric Tons SKOPJE - Macedonia's oilseeds consumption is projected to remain stable over the next five years, maintaining a steady rate of 13,000 metric tons annually from 2023 through 2028. This consistency has been observed since 2019, indicating a stable demand within the country. In 2023, Macedonia ranked 115th globally in oilseeds consumption, with French Polynesia slightly ahead, also at 13,000 metric tons. Major consumers such as India, Indonesia, and Brazil occupied the top three spots in the global ranking. Macedonian Oilseeds Production Forecasted to Decline Meanwhile, Macedonian oilseeds production is expected to decline, falling from 4,920 metric tons in 2023 to approximately 4,060 metric tons by 2028. This represents an average annual decrease of 3.1%. Historical data since 1997 shows a long-term downward trend in production, with a yearly decline of 2.4%. In 2023, Macedonia was ranked 141st in oilseeds production globally. Norway, with an output of 4,920 metric tons, was just ahead. Leading producers in the global market included Brazil, Malaysia, and the United States, occupying the second, third, and fourth spots, respectively.
