Key Market Indicators
Burkinabe palm oil consumption is set to hit 92.1 thousand metric tons by 2026. This is an increase of 1.5% each year on average from the 84 thousand metric tons consumed in 2021. Demand for palm oil has grown steadily since 2017, with a 3.9% year-on-year increase. In 2021, Burkinabe ranked 35th in the global rankings of palm oil consumption. Sierra Leone ranked ahead at 84 thousand metric tons. India, Indonesia, and Nigeria ranked second, third, and fourth respectively.