Based on the forecasted data, Norway's oilseeds trade balance per capita is expected to show a very modest increase over the next five years. The values remain relatively stable, starting at 0.09 metric tons per capita in both 2024 and 2025, increasing slightly to 0.091 in 2026 and 2027, before reaching 0.092 by 2028.
Year-on-year, the variation is minor, with an approximate 1% increase observed in 2026 and 2028 compared to the previous year. Over the last five years, the Compound Annual Growth Rate (CAGR) indicates a very small positive growth in the oilseeds trade balance per capita.
Future trends to watch for:
- Global market fluctuations affecting oilseeds demand and supply.
- Technological advancements in agricultural practices enhancing yield and efficiency.
- Changes in trade policies and tariffs impacting international trade dynamics.
- Environmental and sustainability initiatives influencing production practices and trade flows.