Key Market Indicators
Gabon's palm oil consumption is predicted to reach 5,390 metric tons by 2026. In 2021, the country was ranked 74th in the world with 5,000 metric tons. Zimbabwe, India, Indonesia and Nigeria occupied the top four spots in the ranking. Meanwhile, Gabon's palm oil production is expected to decrease to 2,190 metric tons by 2026. Since 1966, the country has seen a gradual decline of 2.8% year on year. In 2021, Gabon was ranked 42nd in the world with 2,740 metric tons. Venezuela, Malaysia, Thailand and Colombia occupied the top four spots in the ranking.
