Key Market Indicators
**Solomon Islands Oilseeds Consumption to Remain Steady at 41,000 Metric Tons by 2028** The oilseeds consumption in the Solomon Islands is projected to hold steady at approximately 41,000 metric tons by 2028, mirroring the 2023 figures. This marks an average annual increase of only 0.5% since 2019. In the global ranking for 2023, the Solomon Islands placed 79th, with Romania just ahead at the same consumption level. Leading the list are India, Indonesia, and Brazil, occupying the second, third, and fourth positions, respectively. **Oilseeds Production to See Modest Growth, Reaching Nearly 84,000 Metric Tons by 2028** The production of oilseeds in the Solomon Islands is expected to see modest growth, reaching approximately 84,000 metric tons by 2028, up from nearly 80,000 metric tons in 2023. This represents a compound annual growth rate (CAGR) of 0.8%. Historical data since 1966 indicates a yearly growth rate of 1.2% in the country's oilseed supply. In the 2023 production rankings, the Solomon Islands stood at 85th place, with Sierra Leone marginally ahead at nearly 80,000 metric tons. The top producers were Brazil, Malaysia, and the United States, ranking second, third, and fourth, respectively.
