Key Market Indicators
Bangladesh's consumption of palm oil is expected to reach 592,000 metric tons by 2026, a 0.3% yearly average increase from 583,000 metric tons in 2021. Since 2017, the demand for palm oil in Bangladesh has been increasing by 0.2% each year. In 2021, Bangladesh was in seventh place, with Brazil overtaking it at 583,000 metric tons. India, Indonesia and Nigeria followed in second, third and fourth place, respectively.