Key Market Indicators
Saudi Edible Oils Consumption is set to reach 690.8 Thousand Metric Tons by 2026 from 683 Thousand Metric Tons in 2021, growing 0.2% year on year CAGR. Since 2017, Saudi demand rose 0.1% year on year. The country ranked number 24 in 2021, Algeria overtook at 683 Thousand Metric Tons. China, the United States and Brazil respectively ranked numbers 2, 3 and 4 in this ranking.
Saudi Edible Oils Production is set to reach 115.74 Thousand Metric Tons by 2026 from 125 Thousand Metric Tons in 2021, falling by 1.3% year on year CAGR. Since 2017, Saudi supply decreased by 0.3% year on year. The country was number 73 in 2021, Senegal overtook with 125 Thousand Metric Tons. China, Malaysia and the United States respectively came in numbers 2, 3 and 4 in this ranking.