Key Market Indicators
Malawi's edible oil production is projected to decline to approximately 51,000 metric tons by 2028, down from around 56,000 metric tons in 2023. This decrease represents an average annual decline of 1.4%. Since 2019, Malawi's supply of edible oils has been on a downward trend, decreasing by 1.7% each year. In the global ranking for 2023, Malawi stood at the 95th position. Latvia slightly outperformed Malawi, matching its production at roughly 56,000 metric tons. Leading the global rankings were China, Malaysia, and the United States, occupying the second, third, and fourth positions respectively.