The analysis of the Global Oilseeds Seed Share reveals that the United States led the market with a substantial share of 27.85 thousand metric tons as of 2023. Brazil and China followed with 13.14 and 11.25 thousand metric tons, respectively. Among the notable changes, Nigeria, Bolivia, Benin, Taiwan, and Kazakhstan demonstrated significant growth rates of over 2%, while countries like Thailand, Belarus, and North Korea experienced notable declines.
Key trends to watch in the future include the continued growth of emerging markets such as Nigeria and Bolivia, driven by favorable agricultural policies and increasing investments. Conversely, markets like China and Argentina may face challenges due to declining production rates. Sustainability practices and technological advancements in seed production across developed and developing markets will play crucial roles in shaping future dynamics.
Top countries in Oilseeds Seed Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 27.85 | 2023 | +1.65% | +1.89% | View data |
| 2 | 2 Brazil | 13.14 | 2023 | +1.88% | +1.62% | View data |
| 3 | 3 China | 11.25 | 2023 | +0.23% | -0.023% | View data |
| 4 | 4 India | 9.25 | 2023 | +0.64% | +0.72% | View data |
| 5 | 5 Russia | 6.82 | 2023 | +2.46% | +1.76% | View data |
| 6 | 6 Argentina | 6.3 | 2023 | -2.63% | -0.17% | View data |
| 7 | 7 Canada | 2.63 | 2023 | +1.01% | +1.46% | View data |
| 8 | 8 Ukraine | 2.22 | 2023 | +0.9% | +0.48% | View data |
| 9 | 9 Nigeria | 1.91 | 2023 | 0% | +2.11% | View data |
| 10 | 10 Paraguay | 1.58 | 2023 | +0.84% | +0.34% | View data |
