Key Market Indicators
Consumption of edible oils in Madagascar is projected to reach 99,000 metric tons by 2026. This is an increase of 2.2% from 86,000 metric tons in 2021. Since 2017, demand for edible oils in Madagascar has risen 3.8% annually. In 2021, Madagascar was ranked 87th in terms of consumption, with Cuba ahead of them at 86,000 metric tons. China, the United States and Brazil were the top three in terms of edible oil consumption. Production of edible oils in Madagascar is expected to reach 10,420 metric tons by 2026. This is a decrease of 3.7% from 13,000 metric tons in 2021. Since 2017, production of edible oils in Madagascar has decreased by 2.4% each year. In 2021, Madagascar was ranked 121st in terms of production, with Albania ahead of them at 13,000 metric tons. China, Malaysia and the United States were the top three in terms of edible oil production.
