Key Market Indicators
Production of edible oils in Iran is expected to reach around 941,000 metric tons by 2026, a 3.2% year-on-year growth rate since 2021. Since 2017, Iranian supplies have grown by 5% annually. In 2021, Iran ranked 33rd in the world, with Ivory Coast surpassing it at 777,000 metric tons. China, Malaysia and the United States placed second, third, and fourth, respectively. Consumption of edible oils in Iran is projected to reach 1,070,000 metric tons by 2026, with an average growth rate of 0.3% year-on-year since 2021. Demand in Iran rose by 0.6% annually since 2017. In 2021, the country placed 19th in the world rankings, with Pakistan surpassing it with 1,050,000 metric tons. China, the United States, and Brazil placed second, third, and fourth, respectively.
