In 2024, Indonesia dominates global primary oilseed production, reflecting a 3.25% increase from the previous year. Brazil and the U.S., while significant contributors, show divergent trends with Brazil up by 2.44% and the U.S. down by 1.58%. Argentina experiences notable growth at 6.66%, while Russia also shows a rise of 5.83%. Meanwhile, Germany experiences a sharp decline of 7.33%. Smaller producers such as Lithuania and Latvia witness double-digit growth rates, indicating potential emerging players.
Future trends to watch include potential continued expansion in South American countries such as Uruguay, driven by favorable agronomic conditions. However, geopolitical tensions and climate change may deliver unexpected impacts on production outputs, particularly in regions like Eastern Europe and Southeast Asia. These dynamics will shape global oilseed markets and influence production strategies.
Top countries in Primary Oilseeds Production Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 24.3 | 2023 | +3.2% | +3.25% | View data |
| 2 | 2 Brazil | 9.69 | 2023 | +2.89% | +2.44% | View data |
| 3 | 3 Malaysia | 8.66 | 2023 | +1.26% | +1.29% | View data |
| 4 | 4 United States | 8.59 | 2023 | +0.83% | -1.58% | View data |
| 5 | 5 China | 6.83 | 2023 | +0.87% | +1.21% | View data |
| 6 | 6 India | 5.01 | 2023 | +1.25% | +0.93% | View data |
| 7 | 7 Argentina | 4.53 | 2023 | +1.24% | +6.66% | View data |
| 8 | 8 Canada | 3.61 | 2023 | +1.92% | +0.55% | View data |
| 9 | 9 Ukraine | 3.54 | 2023 | +3.52% | +4.09% | View data |
| 10 | 10 Russia | 3.49 | 2023 | +3.86% | +5.83% | View data |
