Key Market Indicators
Consumption of palm oil in Angola is expected to reach 211,000 metric tons by 2026, up from 208,000 metric tons in 2021. This 0.3% year-on-year growth is an improvement from the 0.5% jump seen since 2017. In 2021, Thailand led the rankings with 208,000 metric tons, followed by India, Indonesia and Nigeria. Meanwhile, production of palm oil in Angola is expected to reach 54,880 metric tons by 2026, up from 53,140 metric tons in 2021. This 0.5% year-on-year growth is an improvement from the 2.1% rise seen since 1966. The Dominican Republic topped the rankings in 2021 with 53,140 metric tons, followed by Malaysia, Thailand and Colombia.