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New Zealand Edible Oil Industry Outlook 2022 - 2026

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

Key Market Indicators

New Zealand is expected to consume approximately 40 thousand metric tons of edible oils in 2026, a 0.5% year-on-year increase from the 39 thousand metric tons consumed in 2021. Since 2017, New Zealand's edible oil demand has grown by 0.9% each year. In 2021, Moldova consumed the highest amount of edible oils with 39 thousand metric tons, followed by China, the United States and Brazil. Meanwhile, New Zealand's production of edible oils is anticipated to reach 7.31 thousand metric tons in 2026, a 0.6% year-on-year growth from the 7 thousand metric tons produced in 2021. Since 2017, New Zealand's edible oil supply has been stable. In 2021, Yemen produced the most edible oils with 7 thousand metric tons, followed by China, Malaysia and the United States.

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New Zealand Edible Oil Market Data and Forecasts