Forecast: Oilseeds Processing in Poland

The oilseeds processing volume in Poland saw varied growth rates from 2014 to 2023, peaking in 2017 at 2.85 million metric tons and coming to a stable level of 2.7 million metric tons in 2023. Significant year-on-year fluctuations were observed: a notable drop of 11.14% in 2015, followed by an 8.78% rise in 2017. From 2019 onward, the variances narrowed, indicating a trend towards stabilization. Over the last two years, the volume slightly declined by 0.11% annually, with an overall CAGR of 0.037% over the past five years.

Forecast trends indicate a slight decline, with the oilseeds processing volume projected to decrease marginally to 2.68 million metric tons by 2028. The forecasted 5-year CAGR is -0.1%, highlighting a slow but steady decrease, with an anticipated overall decline of 0.52%.

Future trends to watch for include changes in global demand for oilseeds, advancements in processing technology, and potential impacts of environmental policies on agricultural production. Monitoring these factors will be crucial to adapting strategies and maintaining competitiveness in the market.