Oilseeds production in Norway stood at 12.75 thousand metric tons in 2023. For 2024, the forecasted production is 13.1 thousand metric tons, indicating a 2.75% year-on-year increase. For 2025, another 2.82% increase brings the production to 13.47 thousand metric tons. In 2026, an additional 2.67% increase reaches 13.83 thousand metric tons. The upward trend continues in 2027 with a 2.53% rise bringing the value to 14.18 thousand metric tons, and for 2028, a 2.47% increase further elevates production to 14.53 thousand metric tons. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is 2.6%.
Future trends to watch for include potential shifts in agricultural policies, advancements in oilseeds farming technology, and changes in global market demands and pricing which might affect Norway's oilseeds production trajectory.
