Key Market Indicators
**Yemeni Edible Oils Consumption to Rise by 2028** Yemen's consumption of edible oils is projected to increase significantly over the next five years. By 2028, consumption is expected to reach approximately 271,000 metric tons, up from 242,000 metric tons in 2023. This marks an average annual growth rate of 1.8%. Since 2019, the demand for edible oils in Yemen has been on a steady rise, growing by an average of 1.7% each year. **Production Declines Amid Rising Demand** Conversely, Yemen's production of edible oils is anticipated to decline. By 2028, production is set to decrease to about 4,600 metric tons, down from 6,000 metric tons in 2023. This represents an average annual decline rate of 4.9%. Since 2019, Yemen's supply of edible oils has been falling at an average rate of 5.6% per year. In 2023, Yemen ranked 126th globally in edible oils production, with Barbados surpassing Yemen with its production of 6,000 metric tons. Leading the global production rankings are China, Malaysia, and the United States, which hold the second, third, and fourth positions, respectively.
