The forecast for oilseeds domestic extraction in Denmark indicates a steady upward trend from 2024 to 2028. Starting at 699.3 thousand metric tons in 2024, values are expected to progressively increase each year, reaching 733.6 thousand metric tons by 2028. This represents a Compound Annual Growth Rate (CAGR) of approximately 1.2% over the forecast period. Looking back, in 2023, the actual extraction value stood at 691.4 thousand metric tons, translating to a year-on-year increase of 1.1% in 2024.
Trends to watch for:
- Increasing demand for sustainably sourced oilseeds.
- Potential impact of climate change on crop yields and extraction volumes.
- Technological innovations in extraction processes.
- Shifts in global oilseed markets that could influence Denmark’s production strategies.
