Key Market Indicators
Belgian edible oil production is expected to grow slightly over the next five years, reaching 1.35 million metric tons by 2026. This is up from 1.27 million metric tons in 2021, a rise of 1% year-on-year. Since 2017, Belgian production has increased by 1.7% a year. In 2021, Belgium was the 22nd largest producer of edible oils, behind the Philippines with 1.27 million metric tons. China, Malaysia and the United States ranked 2nd, 3rd and 4th respectively. Belgian edible oil consumption is expected to remain steady at 128 thousand metric tons in 2026. This is the same as 2021, with no change on average. Since 2017, Belgian demand has grown by 1.1% annually. In 2021, the country ranked 73rd in the world for edible oil consumption, behind Afghanistan with 128 thousand metric tons. China, the United States and Brazil ranked 2nd, 3rd and 4th respectively.
Belgium Edible Oil Market Data and Forecasts
What is the size of the Belgian Edible Oil Market in 2022?
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