Key Market Indicators
Senegal's edible oils production is projected to decline to approximately 128,000 metric tons by 2028, down from 133,000 metric tons in 2023. This represents an average annual decrease of 0.7%. Since 2019, the country's supply has fallen by about 1.7% each year. In 2023, Senegal ranked 70th globally in edible oils production, with Nicaragua surpassing it at 133,000 metric tons. Leading the global rankings are China, Malaysia, and the United States, occupying the second, third, and fourth spots, respectively.