Forecast: Oilseeds Non-food Uses in China

In 2023, the non-food uses of oilseeds in China stood at an estimated 7.80 million metric tons. The forecasted data indicates a positive growth trend from 2024 through 2028, with a consistent annual increase in volume. Specifically, from 2024 to 2028, the consumption is expected to grow from 8.11 to 9.31 million metric tons.

The year-on-year growth rate averages around 3.7%, indicating steady expansion. This reflects ongoing diversification in the utilization of oilseeds, driven by industrial demand.

Future trends to watch for:

  • Technological advancements in bioproducts, enhancing oilseed applications.
  • Policies promoting sustainability could catalyze demand in biodiesel and other environmentally friendly uses.
  • Global economic fluctuations and domestic policy shifts could impact growth trajectories.

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