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South Korea Edible Oil Industry Outlook 2022 - 2026

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

Key Market Indicators

Korean Edible Oils Consumption is set to reach 983 Thousand Metric Tons by 2026 from 973 Thousand Metric Tons in 2021, growing 0.2% year on year on average. Since 2017, Korean demand was down by 0% year on year. The country ranked number 20 in 2021, Iran overtook with 973 Thousand Metric Tons. China, the United States and Brazil respectively ranked numbers 2, 3 and 4 in this ranking.

Korean Edible Oils Production is set to reach 310.9 Thousand Metric Tons by 2026 from 307 Thousand Metric Tons in 2021, growing 0.2% year on year on average. Since 2017, Korean supply jumped by 0.9% year on year. The country came in number 56 in 2021, Belarus overtook at 307 Thousand Metric Tons. China, Malaysia and the United States respectively were numbers 2, 3 and 4 in this ranking.

South Korea Edible Oil Market Data and Forecasts

How much will South Korea Edible Oil Market grow to 2026?

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