Key Market Indicators
The production of edible oils in Morocco is projected to reach approximately 231,000 metric tons by 2028, up from around 222,000 metric tons in 2023. This represents a modest compound annual growth rate (CAGR) of 0.6%. However, since 2019, the Moroccan supply has shown a slight decline, decreasing by about 0.3% annually. In the global rankings for 2023, Morocco holds the 63rd position, with Nepal just ahead, also producing around 222,000 metric tons. Leading the rankings, China, Malaysia, and the United States occupy the second, third, and fourth positions respectively.
