In 2023, China leads global oilseeds feed consumption with 35.95 thousand metric tons, followed by the United States (11.54) and Argentina (8.98). Significant variations witnessed include an increase in Belarus by 11.9% and Malaysia by 8.36%, while Iran saw a drastic decline of 40.21%. Factors such as geopolitical tensions and climate conditions drive these trends.
For 2024, watch for:
- China's continued dominance in oilseeds feed consumption.
- Potential growth in countries like Nigeria and Trinidad and Tobago due to significant past increases.
- Global economic shifts that might impact production and consumption patterns across regions.
- Environmental policies influencing agriculture practices and their subsequent impact on oilseeds feed production.
Top countries in Oilseeds Feed Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 35.95 | 2023 | +0.12% | +0.78% | View data |
| 2 | 2 United States | 11.54 | 2023 | -1.44% | +1.02% | View data |
| 3 | 3 Argentina | 8.98 | 2023 | +2.74% | +3.48% | View data |
| 4 | 4 India | 7.25 | 2023 | -3.36% | +0.2% | View data |
| 5 | 5 Russia | 3.95 | 2023 | +1.59% | +2.24% | View data |
| 6 | 6 Mexico | 3.73 | 2023 | +1.81% | +1.23% | View data |
| 7 | 7 Pakistan | 2.91 | 2023 | -1.31% | -0.36% | View data |
| 8 | 8 Egypt | 1.8 | 2023 | +6.04% | +2.07% | View data |
| 9 | 9 Brazil | 1.79 | 2023 | -5.65% | -1.6% | View data |
| 10 | 10 Australia | 1.72 | 2023 | +3.47% | +0.58% | View data |
