Key Market Indicators
Sierra Leoneans' consumption of palm oil is expected to reach 84,000 metric tons by 2026, compared to 82,000 in 2021. This is a 0.5% year-on-year growth rate. Since 2017, demand has increased 0.4% annually. In 2021, Sierra Leone was ranked 36th, with Afghanistan just ahead at 82,000 metric tons. India, Indonesia and Nigeria held the top three spots. Sierra Leone's palm oil production is forecast to reach 83,000 metric tons by 2026, up from 75,000 in 2021. This is a 1.6% year-on-year CAGR. In 1966, supply jumped 3% year on year. Benin was the top producer in 2021, at 75,000 metric tons, followed by Malaysia, Thailand and Colombia.
