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Portugal Edible Oil Industry Outlook 2022 - 2026

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

Key Market Indicators

Portuguese edible oil consumption is expected to drop slightly by the end of 2026, falling to 150 thousand metric tons from 152 thousand metric tons this year. Since 2017, demand has decreased by 0.7% annually. In 2021, Portugal ranked 67th, while Zimbabwe was ahead at 152 thousand metric tons. The top three countries in this category were China, the US, and Brazil. Portuguese edible oil production is projected to increase to 498.1 thousand metric tons by 2026 from 475 thousand metric tons in 2021, averaging 0.8% growth per year. Since 2017, the country's supply has risen 1.7% annually. Portugal ranked 46th in 2021, with Bangladesh leading at 475 thousand metric tons. China, Malaysia, and the US occupied the second, third, and fourth spots, respectively.

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Portugal Edible Oil Market Data and Forecasts