Key Market Indicators
Sri Lanka's oilseed consumption is set to reach 1.6 million metric tons by 2026, up from 1.6 million metric tons in 2021. This marks a growth of 0.1% year on year on average. Since 2017, the country's demand has fallen by 0.4% year on year. In 2021, Sri Lanka ranked 9th in the world, overtaken by Nigeria, which consumed 1.6 million metric tons. India, Indonesia and Brazil followed as 2nd, 3rd and 4th respectively. Sri Lanka's oilseed production is set to reach 338,390 metric tons by 2026, up from 324,040 metric tons in 2021. This marks a growth of 0.7% year on year on average. Since 1966, the country's supply has decreased by 0.2% year on year. In 2021, Sri Lanka ranked 54th in the world, overtaken by Ethiopia, which produced 324,040 metric tons. Brazil, the United States and Malaysia followed as 2nd, 3rd and 4th respectively.
Sri Lanka Oilseeds Market Data and Forecasts
How much will Sri Lanka Oilseeds Market grow to 2026?
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