The 2024 data on global oil crops yield highlights Malaysia as the leader with 186.67 thousand hectograms per hectare, followed by Thailand and Guatemala. Notably, the countries with significant year-on-year increase include Norway (15.65%), Uruguay (17.09%), and Taiwan (9.86%). Conversely, some countries like Solomon Islands and Panama experienced declines of 5.08% and 3.8%, respectively. Over a five-year period, the yield has shown a varying compounded annual growth rate (CAGR) across regions, with countries like Estonia (10.29%) and Azerbaijan (9.04%) displaying strong upward trends.
Future trends to watch include the impacts of climate change on agricultural productivity and potential shifts in global economic policies affecting oil crop production. Additionally, technological advancements in farming practices and genetically modified crop adoption could further alter yield outputs across different countries.
Top countries in Oil Crops Yield by Country
| # | 10 Countries | Hectograms Per Hectare | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 186,670 | 2023 | +0.38% | +0.42% | View data |
| 2 | 2 Thailand | 162,140 | 2023 | +2.11% | +2.39% | View data |
| 3 | 3 Guatemala | 154,370 | 2023 | +2.65% | +1.91% | View data |
| 4 | 4 Colombia | 153,100 | 2023 | +0.54% | +0.15% | View data |
| 5 | 5 Indonesia | 150,040 | 2023 | +1.18% | +1.25% | View data |
| 6 | 6 Costa Rica | 137,770 | 2023 | -0.37% | -0.37% | View data |
| 7 | 7 Tonga | 123,180 | 2023 | +0.64% | +0.27% | View data |
| 8 | 8 Peru | 112,410 | 2023 | +2.52% | +1.99% | View data |
| 9 | 9 Honduras | 109,540 | 2023 | -1.81% | -3.11% | View data |
| 10 | 10 Papua New Guinea | 105,590 | 2023 | +1.37% | +1.45% | View data |
