Key Market Indicators
**Kiribati Oilseeds Consumption Stagnates at 14,000 Metric Tons by 2028** Kiribati's oilseeds consumption is projected to remain steady at 14,000 metric tons by 2028, showing no change from the 14,000 metric tons recorded in 2023. This stagnation has been consistent since 2019, reflecting a stable demand trend within the country. In the global ranking for 2023, Kiribati held the 112th position, with Slovakia marginally ahead, consuming the same amount of 14,000 metric tons. Leading the global consumption rankings were India, Indonesia, and Brazil, occupying the second, third, and fourth spots, respectively. **Kiribati Oilseeds Production Expected to Decline Slightly by 2028** On the production front, Kiribati's oilseeds output is forecasted to dip slightly, reaching 18,540 metric tons by 2028, down from 18,910 metric tons in 2023. This represents a modest annual decrease of 0.3% in compound annual growth rate (CAGR). Historically, since 1966, Kiribati's oilseeds supply has seen a minor year-on-year decline of 0.1%. In 2023, Kiribati was ranked 117th in oilseeds production, with Palestine surpassing it at 18,910 metric tons. Dominating the production rankings were Brazil, Malaysia, and the United States, which held the second, third, and fourth positions, respectively.
