Key Market Indicators
Gambian palm oil consumption is forecast to reach 5,330 metric tons by 2026, a decrease of 2.5% from 2021's 6,000 metric tons. Since 2017, the demand for palm oil in Gambia has decreased by 5% a year. In 2021, Gambia ranked 71st, overtaken by East Timor at 6,000 metric tons. India, Indonesia, and Nigeria ranked second, third, and fourth respectively. Gambian palm oil production is projected to reach 4,920 metric tons by 2026, a 1.5% increase from 2021's 4,500 metric tons. Since 1966, the supply of palm oil in Gambia has grown 1.4% a year. In 2021, Gambia ranked 38th, overtaken by Equatorial Guinea at 4,500 metric tons. Malaysia, Thailand, and Colombia ranked second, third, and fourth respectively.
