In 2023, oilseed seed volume in Spain was recorded at 11.0 thousand metric tons. Analysts forecast no change in volume for 2024 and 2025, remaining steady at 11.0 thousand metric tons. However, from 2026, an increase to 12.0 thousand metric tons is projected and is expected to stabilize at this level through 2028. This indicates a 9.1% year-on-year increase starting from 2026 and a consistent average growth rate (CAGR) of around 1.8% over the next five years.
Future trends to watch for:
- Potential shifts in global oilseed demand and supply dynamics
- Impacts of climate change on crop yields and agricultural practices
- Developments in agricultural technology and seed variants
- Economic policies and trade agreements affecting agricultural exports and imports