The analysis of global primary oilseeds production in 2024 reveals Indonesia as the dominant producer with 64.47 million metric tons, followed by Brazil with 25.716 million metric tons. These leaders are far ahead of other nations like Malaysia, the United States, and China. Over the past year, Indonesia's production has grown by 3.25%, Brazil by 2.44%, and Argentina has shown the highest growth at 6.66%. On the contrary, the United States has experienced a decline of 1.58%, and Germany saw a notable decrease of 7.33%. Other significant changes include an increase in Ukraine (+4.09%), Russia (+5.83%), and Morocco (+5.11%), while countries like Spain (-5.56%) and Australia (-5.47%) saw declines in their production volumes.
Future trends to watch in global primary oilseeds production include:
- Increasing production growth in leading countries like Indonesia, Brazil, and Argentina.
- Stability or slight decline in major Western producers such as the United States and various European countries.
- Emerging growth in Eastern European and African nations, notably Ukraine, Russia, and Burkina Faso.
- Potential volatility due to geopolitical issues, climate impacts, and shifts in global demand affecting production outputs.
Top countries in Primary Oilseeds Production by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 64,470,000 | 2023 | +3.2% | +3.25% | View data |
| 2 | 2 Brazil | 25,716,000 | 2023 | +2.89% | +2.44% | View data |
| 3 | 3 Malaysia | 22,966,000 | 2023 | +1.26% | +1.29% | View data |
| 4 | 4 United States | 22,790,000 | 2023 | +0.83% | -1.58% | View data |
| 5 | 5 China | 18,126,000 | 2023 | +0.87% | +1.21% | View data |
| 6 | 6 India | 13,303,000 | 2023 | +1.25% | +0.93% | View data |
| 7 | 7 Argentina | 12,022,000 | 2023 | +1.24% | +6.66% | View data |
| 8 | 8 Canada | 9,589,000 | 2023 | +1.92% | +0.55% | View data |
| 9 | 9 Ukraine | 9,386,400 | 2023 | +3.52% | +4.09% | View data |
| 10 | 10 Russia | 9,254,200 | 2023 | +3.86% | +5.83% | View data |
