Key Market Indicators
Consumption of edible oils in Iraq is set to hit 502,000 metric tons by 2026, up 0.3% on average each year since 2021, when the figure stood at 492,000 tons. Since 2017, the country has seen a 0.7% rise in demand. In 2021, Iraq was ranked 34th, with Ukraine ahead at 492,000 tons. China, the US and Brazil were ranked second, third and fourth respectively. Production of edible oils in Iraq is set to reach 38,800 metric tons by 2026, an average increase of 1.7% each year since 2021, when the figure stood at 35,000 tons. Since 2017, the country has seen a 2% rise in supply. In 2021, Iraq was ranked 107th, with Nigeria ahead at 35,000 tons. China, Malaysia and the US were ranked second, third and fourth respectively.
