Key Market Indicators
Iraq's consumption of palm oil is expected to grow to around 150 thousand metric tons by 2026. This is up from 141 thousand metric tons in 2021, a 0.9% year on year average rate. Since 2017, Iraqi demand has increased by 0.5% each year. Iraq was ranked number 24 in 2021, with Ecuador overtaking at 141 thousand metric tons. India, Indonesia and Nigeria took the top three spots in this ranking, with India in first place.
