Analysis of the 2023 data reveals Indonesia leads in global oilseeds demand, followed by China and Malaysia. Countries like Argentina, Russia, and Thailand saw notable growth, while India and Germany experienced a decline. The five-year CAGR highlights steady demand with specific countries exhibiting significant variations.
Future trends to watch include increased demand from rapidly growing economies and potential shifts in supply dynamics influenced by geopolitical factors, environmental policies, and innovations in agriculture. Monitoring impacts of climate change on oilseed production, alongside evolving trade agreements, remains pivotal for anticipating changes in global demand distribution.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 21.41 | 2023 | +1.56% | +0.86% | View data |
| 2 | 2 China | 16.63 | 2023 | 0% | 0% | View data |
| 3 | 3 Malaysia | 9.27 | 2023 | +0.01% | -0.046% | View data |
| 4 | 4 United States | 7.2 | 2023 | +0.59% | +0.57% | View data |
| 5 | 5 Brazil | 5.55 | 2023 | +0.88% | +0.66% | View data |
| 6 | 6 Argentina | 5.03 | 2023 | +0.64% | +1.4% | View data |
| 7 | 7 India | 4.6 | 2023 | -0.23% | -0.31% | View data |
| 8 | 8 Russia | 2.01 | 2023 | +1.45% | +1.18% | View data |
| 9 | 9 Thailand | 1.76 | 2023 | +1.86% | +1.58% | View data |
| 10 | 10 Ukraine | 1.67 | 2023 | +1.47% | +0.63% | View data |
