Key Market Indicators
Oman's edible oil consumption is projected to reach 50,000 metric tons by 2026. This represents a year-on-year growth rate of 0.8% since 2021, when it stood at 46,000 metric tons. Since 2017, demand has increased by 1.5% each year. In 2021, the country was ranked 105th in the world, with Turkmenistan ahead at 46,000 metric tons. China, the United States and Brazil were ranked second, third and fourth respectively. Oman's edible oil production is expected to reach 21,000 metric tons by 2026, up from 19,000 metric tons in 2021, at an average year-on-year growth rate of 1.2%. Since 2017, supply has grown by 3.8% each year. In 2021, the country was placed 116th in the world, with Jamaica ahead at 19,000 metric tons. China, Malaysia and the United States were ranked second, third and fourth respectively.
