Key Market Indicators
Syrian oilseeds production is projected to decline over the next five years, with an estimated output of 174,000 metric tons by 2028. This marks a decrease from the 186,000 metric tons anticipated for 2023, translating to a 1% year-on-year compound annual growth rate (CAGR) decline. Historically, Syrian oilseeds supply has shown an upward trend, increasing by approximately 2.3% annually since 1966. Despite this long-term growth, the country is expected to experience a downturn in the coming years. In the global context, Syria ranked 68th in oilseeds production in 2023. Tunisia slightly outpaced Syria with a production volume of 186,000 metric tons. Leading the ranking were Brazil, Malaysia, and the United States, holding the second, third, and fourth positions, respectively.
