Key Market Indicators
Palm oil consumption in Bissau-Guinea is predicted to rise to around 9.4 thousand metric tons by 2026. This is a small increase of 0.7% compared to 2021, when 9 thousand metric tons were recorded. Since 2017, demand for palm oil has remained stable. According to the 2021 rankings, Bissau-Guinea is placed 68th, behind Malawi with 9 thousand metric tons. India, Indonesia, and Nigeria respectively came in second, third, and fourth place. Meanwhile, the production of palm oil in Bissau-Guinea is expected to reach 6,180 metric tons by 2026. This marks an increase of 0.3% year on year on average since 1966. Bissau-Guinea is currently placed 35th, with Tanzania overtaking at 6,080 metric tons. Malaysia, Thailand, and Colombia respectively came in second, third, and fourth place.
