Between 2014 and 2023, oilseeds demand in Belgium exhibited a generally upward trend, increasing from 2.54 to 2.98 million metric tons. Specific years such as 2018 saw a significant jump of 5.58%, while 2019 experienced a slight decline of 0.73%. The Compound Annual Growth Rate (CAGR) was relatively modest at 0.58% over the last five years.

Looking ahead to the forecasted period from 2024 to 2028, the average year-on-year growth is expected to be around 0.63% with a cumulative growth rate of 3.2% by 2028. As of 2023, the value of oilseeds demand stood at 2.98 million metric tons.

Future trends to watch for:

Potential impacts of climate change on oilseed crop yields.
Changes in dietary preferences influencing demand.
Technological advancements in agriculture potentially increasing efficiency and supply.