Key Market Indicators
Armenian consumption of oilseeds is expected to remain steady at 4 thousand metric tons over the next five years. In 2021, the country was ranked 132nd in the world, behind Swaziland. India, Indonesia and Brazil held the 2nd, 3rd and 4th spots respectively. Meanwhile, Armenia's oilseeds production is forecast to grow 2% year on year over the same period, reaching 109.59 metric tons by 2026. In 2021, the country ranked 176th, below Namibia. Brazil, the United States and Malaysia ranked 2nd, 3rd and 4th respectively.