Key Market Indicators
Nepal's production of edible oils is projected to reach approximately 249,000 metric tons by 2028, up from around 239,000 metric tons in 2023. This marks an average annual growth rate of 0.7%. Since 2019, Nepalese edible oil supply has been increasing steadily, with an average annual growth rate of 2.1%. In 2023, Nepal ranked 62nd globally in edible oil production. Chile surpassed Nepal that year with its production hitting 239,000 metric tons. Leading the global rankings in edible oil production were China, Malaysia, and the United States, occupying the 2nd, 3rd, and 4th positions, respectively.
