Key Market Indicators
Bangladesh's edible oil production is projected to reach approximately 588,000 metric tons by 2028, up from around 522,000 metric tons in 2023. This growth represents a compound annual growth rate (CAGR) of 1.9%. Since 2019, the country's supply has increased by an average of 2.4% annually. In 2023, Bangladesh ranked 43rd globally, with Ghana surpassing it at the same production level of 522,000 metric tons. The top three positions in edible oil production are held by China, Malaysia, and the United States, respectively.
