Key Market Indicators
Israeli oilseeds consumption is projected to reach 75,000 metric tons by 2028, up from 73,000 metric tons in 2023. This marks an average annual growth rate of 0.5%. Since 2019, Israeli demand for oilseeds has remained stable. In 2023, Israel ranked 55th in the world for oilseeds consumption, with the United Arab Emirates just ahead at 73,000 metric tons. India, Indonesia, and Brazil held the top three spots, respectively. On the production front, Israeli oilseeds output is expected to grow slightly to 30,640 metric tons by 2028 from 30,540 metric tons in 2023, reflecting an average annual growth rate of 0.1%. Since 1966, Israel's oilseeds production has seen a significant increase, growing by 7.5% year on year. In 2023, the country ranked 108th globally, with Libya just ahead at 30,540 metric tons. Brazil, Malaysia, and the United States occupied the second, third, and fourth positions in the production rankings, respectively.