Key Market Indicators
Algerian edible oils production is on track to reach approximately 221,000 metric tons by 2028, up from around 197,000 metric tons in 2023. This marks a compound annual growth rate (CAGR) of 1.8% year over year. Since 2019, Algeria's supply has seen a steady increase, growing at an annual rate of 1.2%. In the global rankings for 2023, Algeria held the 65th position, with Azerbaijan narrowly surpassing it at the same production volume of 197,000 metric tons. China, Malaysia, and the United States secured the top three spots in this ranking, respectively.
