Key Market Indicators
Production of edible oils in Bangladesh is expected to reach around 561,000 metric tons by 2026, with an average annual growth rate of 2% since 2021. In 2021, the country was ranked 45th in the world, with Ghana having overtaken them with 497,000 metric tons of production. China, Malaysia, and the United States were ranked 2nd, 3rd, and 4th respectively. Consumption of edible oils in Bangladesh is projected to reach 1,260,000 metric tons by 2026, with an average annual growth rate of 0.7% since 2021. In 2021, the country was ranked 15th in the world, with Myanmar having overtaken them with 1,210,000 metric tons of consumption. China, the United States, and Brazil were ranked 2nd, 3rd, and 4th respectively.
