Forecast: Oilseeds Production in Poland

Oilseeds production in Poland has shown a declining trend from 2014 to 2023. Notably, production dropped by 16.93% in 2015 after a peak in 2014. Further declines were observed, and despite a brief increase in 2017, the overall trend remained downward. Oilseeds production in 2023 stood at 1.9 million metric tons, reflecting a year-on-year decrease of 3.89% and a CAGR of -2.62% over the past five years.

From 2019 to 2023, the production experienced incremental fluctuations, with minor increases in certain years but overall decreased due to continuous challenges, resulting in an average annual decline rate. Forecasts for the next five years indicate this trend will persist, with an anticipated 17.6% decrease by 2028, translating to a -3.8% CAGR.

Future trends to watch for include the impact of changing climate conditions, advancements in agricultural technology, and market demand shifts. Monitoring policy changes and global competition will also be crucial for predicting adjustments in production dynamics.