Key Market Indicators
Consumption of palm oil in Central Africa is expected to increase by 0.7% year-on-year to 5.22 thousand metric tons by 2026. In 2021, the country was ranked 74th, with 5 thousand metric tons, while Gabon was ahead in the rankings with the same amount. India, Indonesia and Nigeria were ranked 2nd, 3rd and 4th respectively. In 2021, production of palm oil in Central Africa was 175 metric tons, down by 24.5% from 231.8 metric tons in 2020. Since 1966, supply has decreased by 17.1% year-on-year. Central Africa ranked 44th in 2021, while Gabon was ahead with 175 metric tons. Malaysia, Thailand and Colombia were ranked 2nd, 3rd and 4th respectively.
