Key Market Indicators
Tuvaluan oilseeds production is projected to decrease to approximately 199 metric tons by 2028, down from 203 metric tons in 2023. This marks an average annual decline of 0.3%. Historical data reveals that since 1966, Tuvalu's oilseed supply has diminished at an average rate of 0.5% per year. In the global ranking for oilseed production in 2023, Tuvalu stood at 168th place. Nauru surpassed Tuvalu with a production of 203 metric tons. Leading the rankings, Brazil, Malaysia, and the United States secured the second, third, and fourth positions respectively.
