Key Market Indicators
Lebanon's oilseeds consumption is expected to dip 1.4% year-on-year to 42,000 metric tons by 2026. In 2021, the country ranked 72nd in the world for oilseeds consumption, with Vanuatu overtaking it with 45,000 metric tons. India, Indonesia and Brazil came in at numbers 2, 3 and 4 respectively. Meanwhile, oilseeds production in the country is expected to grow 0.8% year-on-year to 35,130 metric tons by 2026. Since 1966, the supply of oilseeds has decreased by 2% year-on-year. In 2021, Lebanon was 108th in the world, with Switzerland overtaking it with 33,480 metric tons. Brazil, the United States and Malaysia respectively ranked numbers 2, 3 and 4 in this ranking.