Key Market Indicators
Norwegian edible oils production is projected to hit 96,000 metric tons by 2028, up from 95,000 metric tons in 2023. This marks an average annual growth rate of 0.2%. Since 2019, Norway's supply of edible oils has seen a year-on-year increase of 0.4%. In the global rankings for 2023, Norway holds the 82nd position, just behind Zimbabwe, which also produced 95,000 metric tons. Leading the global rankings are China, Malaysia, and the United States, occupying the second, third, and fourth spots, respectively.
