The global oilseed processing leaders in 2023 were Indonesia and China. Indonesia recorded a growth of 1.03%, whereas China experienced a slight decline at 0.97%. Notable growth regions included India (-0.17%) struggling, while Thailand (+1.63%) and Argentina (+1.27%) showcased significant year-on-year growth. Meanwhile, industries in Germany (-0.56%) and the Philippines (-1.07%) declined.
Several emerging markets, like Iran (+5.46%), Guatemala (+2.55%), and Ghana (+2.72%), depicted robust expansion. Future trends may witness further shifts as sustainability pressures could impact global supply chains, encouraging investments in more efficient processing methods and technologies that can optimize production while minimizing environmental impacts.
Top countries in Oilseeds Processing by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 200,870 | 2023 | +1.84% | +1.03% | View data |
| 2 | 2 China | 127,430 | 2023 | +1.09% | +0.97% | View data |
| 3 | 3 Malaysia | 95,530 | 2023 | -0.0042% | -0.063% | View data |
| 4 | 4 United States | 61,680 | 2023 | +0.72% | +0.5% | View data |
| 5 | 5 Brazil | 51,510 | 2023 | +1.1% | +0.79% | View data |
| 6 | 6 Argentina | 46,080 | 2023 | +0.53% | +1.27% | View data |
| 7 | 7 India | 32,240 | 2023 | +0.25% | -0.17% | View data |
| 8 | 8 Thailand | 17,120 | 2023 | +2.04% | +1.63% | View data |
| 9 | 9 Russia | 16,610 | 2023 | +1.36% | +1.04% | View data |
| 10 | 10 Ukraine | 15,290 | 2023 | +2.01% | +1.1% | View data |
