In 2024, China dominated the global oilseeds market with a significant volume share of 26.96 thousand metric tons, followed by India at 13.76 thousand metric tons. Notably, Egypt and Pakistan saw remarkable increases in their oilseeds market volume, growing by 2.76% and 5.5% respectively from 2023 to 2024. Conversely, countries like India and Brazil experienced slight declines in their market shares with reductions of 1.28% and 1.49% respectively.
Future trends to watch in the global oilseeds market include a potential surge in market shares for emerging economies due to increasing domestic demands and advancements in agricultural practices. Additionally, continuous R&D and technological innovations will likely boost yields and market presence for countries investing in sustainable oilseeds production.
Top countries in Oilseeds Market Size Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 26.96 | 2023 | +0.61% | +0.41% | View data |
| 2 | 2 India | 13.76 | 2023 | -1.1% | -1.28% | View data |
| 3 | 3 Indonesia | 10.2 | 2023 | -0.31% | +0.32% | View data |
| 4 | 4 Brazil | 4.54 | 2023 | -1.67% | -1.49% | View data |
| 5 | 5 United States | 3.71 | 2023 | +0.14% | +0.11% | View data |
| 6 | 6 Vietnam | 3.19 | 2023 | +1.4% | +1.24% | View data |
| 7 | 7 Nigeria | 2.96 | 2023 | +1.38% | +1.72% | View data |
| 8 | 8 Sri Lanka | 2.77 | 2023 | +0.19% | -0.14% | View data |
| 9 | 9 Japan | 2.13 | 2023 | +0.41% | +0.25% | View data |
| 10 | 10 Egypt | 1.84 | 2023 | +2.25% | +2.76% | View data |
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