Key Market Indicators
Turkmenistan's edible oils production is projected to decline, with output expected to reach approximately 42,000 metric tons by 2028. This marks a decrease from around 46,000 metric tons in 2023, reflecting an average annual decline of 1.3%. Since 2019, the country's supply has been consistently falling, with an average annual decrease of 1.7%. In the global ranking for 2023, Turkmenistan occupies the 99th position, just behind the Central African Republic, which also produced 46,000 metric tons. Leading the global production rankings are China, Malaysia, and the United States, occupying the second, third, and fourth positions, respectively.
