Key Market Indicators
Colombian edible oils production is projected to rise to 2.45 million metric tons by 2028, up from 2.25 million metric tons in 2023. This marks an average annual growth rate of 1.4%. Since 2019, Colombia's supply has consistently increased, with an annual growth rate of 1.6%. In 2023, Colombia ranked 15th globally in edible oils production, with France narrowly ahead at the same production level of 2.25 million metric tons. Leading the global rankings, China, Malaysia, and the United States took the second, third, and fourth spots, respectively.
