The mustardseed and rapeseed demand in Norway is forecasted as follows: 13.86 thousand metric tons in 2024, decreasing to 13.53 in 2025, 13.2 in 2026, 12.88 in 2027, and 12.57 in 2028. Compared to the actual demand in 2023, the forecast shows a steady decline.
Year-on-year variation:- From 2024 to 2025: -2.38%- From 2025 to 2026: -2.44%- From 2026 to 2027: -2.42%- From 2027 to 2028: -2.41% CAGR over the 5-year forecast period is approximately -2.41% annually.
Future trends to watch for include potential shifts in consumption patterns, changes in agricultural policies, climate impacts on crop yields, and possible innovations in crop genetics aimed at increasing productivity and resistance to diseases.
