The forecasted data from 2024 to 2028 shows a consistent oilseed loss value of 11.0 thousand metric tons each year. When compared to 2023, where the value was also 11.0 thousand metric tons, there is a clear indication that no year-on-year variation is expected. This stability results in a compound annual growth rate (CAGR) of 0% over the forecast period. Essentially, the data suggests a flat trend with no increase or decrease in oilseed losses from the 2023 value.
Future trends to watch for:
- Impact of climate change on yield productivity and potential subsequent losses.
- Adoption of new agricultural technologies and practices to optimize yield and reduce losses.
- Market dynamics such as shifts in global oilseed demand and policy changes.