Global Edible Oil Trends in 2022
Edible Oil is part of Processed Food and includes a number of sub-sectors such as Olive Oil, Sunflower Oil, Soybean Oil, Cottonseed Oil and Palm Oil. You may also be interested in Meat, Confectionery and Soup.
Global demand for edible oils is expected to reach 87 million metric tons by 2026, up from 85 million in 2021. India is the top consumer, with 13.7 million metric tons. China, the US, and Brazil come in at numbers two, three, and four respectively. Togo saw a 4% year-on-year rise in demand, while Norway dropped 3% since 2017. Supply of edible oils is forecast to reach 233 million metric tons by 2026, up from 221 million in 2021. Indonesia is the leading producer, with 52 million metric tons. China, Malaysia, and the US are numbers two, three and four respectively. Bosnia and Herzegovina's production rose 15.4% year-on-year, while Belarus' dropped 4.8% since 2017.
Top 10 countries
In 2022 major markets in the Edible Oil Industry were:
Edible Oil Market Data and Forecasts
How much the Edible Oil industry is expected to grow to 2026?
More in Edible Oil Industry for 2028Global Edible Oil Statistics
- Crude Oil Import 219 countries (Asia, Europe, Africa...)
- Crude Oil Export 229 countries (Europe, Asia, Southern Europe...)
- Palm Oil Import 210 countries (Africa, Sub-Saharan Africa, Asia...)
- Olive Oil Import 197 countries (Africa, Asia, Sub-Saharan Africa...)
- Soybean Oil Import 204 countries (Asia, Africa, Sub-Saharan Africa...)
- Palm Oil Export 168 countries (Africa, Sub-Saharan Africa, Asia...)
- Coconut Oil Import 194 countries (Asia, Africa, Sub-Saharan Africa...)
- Edible Oils Import 211 countries (Asia, Africa, Sub-Saharan Africa...)
- Olive Oil Export 159 countries (Asia, Middle East, Africa...)
- Soybean Oil Export 158 countries (Asia, Latin America, Africa...)
Global Edible Oil Industry Database
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