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Brazil Edible Oil Industry Outlook 2022 - 2026

See how Brazil Edible Oil performed compared to key markets such as India, China and the United States.

Key Market Indicators

Consumption of edible oils in Brazil is expected to reach 4.5 million metric tons by 2026, rising 0.4% annually from 4.3 million metric tons in 2021. This growth rate has been steady since 2017 when consumption rose 0.2% year-over-year. In 2021, the US overtook Brazil as the fourth-largest consumer, with 4.3 million metric tons. China, the US, and Brazil were the second, third, and fourth-largest consumers, respectively, in 2021. Production of edible oils in Brazil is projected to reach 11.6 million metric tons by 2026, with an average growth rate of 0.9% year-over-year from 10.9 million metric tons in 2021. This rate has been consistent since 2017, when supply increased 0.6% annually. The US surpassed Brazil as the fifth-largest producer in 2021, with 10.9 million metric tons. China, Malaysia, and the US were the second, third, and fourth-largest producers, respectively, in 2021.

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Brazil Edible Oil Market Data and Forecasts

How much will Brazil Edible Oil Market grow to 2026?

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