In 2023, India led the global ricebran oil stock variation with 97.37 thousand metric tons, experiencing a year-on-year increase of 1.95%. Japan followed with 6.84 thousand metric tons, rising by 1.61%. Stock remained static in Myanmar and North Korea, while China, Brazil, and South Korea faced negative variations, with South Korea seeing a significant decrease of 4.74 thousand metric tons. The CAGR over the past five years shows this trend reflecting India's dominant role in the sector.
Future trends to monitor include India's potential continued growth in ricebran oil stock, Japan's steady but slower increase, and potential recovery pathways for South Korea, China, and Brazil. Additionally, global economic shifts and consumer preferences may impact these forecasts.
Top countries in Ricebran Oil Stock Variation Share by Country (Thousand Metric Tons)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 97.37 | 2023 | +2.78% | +1.95% | View data |
| 2 | 2 Japan | 6.84 | 2023 | +8.33% | +1.61% | View data |
| 3 | 3 Myanmar | 1.05 | 2023 | 0% | 0% | View data |
| 4 | 4 North Korea | 0.53 | 2023 | 0% | View data | |
| 5 | 5 China | -0.53 | 2023 | 0% | View data | |
| 6 | 6 Brazil | -0.53 | 2023 | 0% | View data | |
| 7 | 7 South Korea | -4.74 | 2023 | +12.5% | View data |
