Global oil crops production in 2023 showcases Indonesia as the leading producer with substantial output, followed by Brazil and the United States. The year-on-year variations reveal significant increases in production for Argentina, Uruguay, Burkina Faso, and Latvia. Meanwhile, a decrease was noted in countries like Spain, Germany, and Australia. Over the last five years, the compound annual growth rates (CAGR) indicate a robust performance for countries such as Lithuania, Portugal, and Jordan, whereas countries like Germany and Iran have faced declines.
Looking ahead, keep an eye on potential changes due to economic, environmental, and geopolitical factors. Advances in agricultural technology, climate change impacts, and shifts in global trade policies could influence oil crops production patterns. Additionally, increasing focus on sustainability and climate resilience will likely play a role in shaping future production trends.
Top countries in Oil Crops Production by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 303,370,000 | 2023 | +3.13% | +3.17% | View data |
| 2 | 2 Brazil | 145,180,000 | 2023 | +2.88% | +2.5% | View data |
| 3 | 3 United States | 127,520,000 | 2023 | +0.89% | -1.42% | View data |
| 4 | 4 Malaysia | 105,660,000 | 2023 | +1.26% | +1.29% | View data |
| 5 | 5 China | 77,213,000 | 2023 | +1.08% | +1.88% | View data |
| 6 | 6 India | 68,292,000 | 2023 | +1.49% | +1.78% | View data |
| 7 | 7 Argentina | 61,146,000 | 2023 | +1.25% | +7.07% | View data |
| 8 | 8 Canada | 29,036,000 | 2023 | +1.92% | +0.37% | View data |
| 9 | 9 Russia | 25,835,000 | 2023 | +3.93% | +5.77% | View data |
| 10 | 10 Ukraine | 25,722,000 | 2023 | +3.48% | +3.7% | View data |
