Global peanut oil consumption in 2023 indicates China as the dominant consumer, with a significant margin over the next highest, India. Minor positive growth in the United States, alongside China's largest increase, contrasts with India's slight decrease. Burkina Faso shows notable growth, while Uganda and Vietnam experience declining trends. Stability is seen in Nigeria, Sudan, and multiple African nations.
Future trends could involve further consumption increases in China, and monitoring India for potential recovery or continued decline. Emerging markets in Africa and Southeast Asia may offer new growth opportunities for peanut oil consumption.
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,490 | 2023 | +9.09% | +1.76% | View data |
| 2 | 2 India | 1,060 | 2023 | 0% | -1.62% | View data |
| 3 | 3 Nigeria | 263 | 2023 | 0% | 0% | View data |
| 4 | 4 Myanmar | 250 | 2023 | +6.38% | +1.25% | View data |
| 5 | 5 Sudan | 245 | 2023 | -3.92% | 0% | View data |
| 6 | 6 Tanzania | 140 | 2023 | 0% | 0% | View data |
| 7 | 7 United States | 140 | 2023 | -1.41% | +2.79% | View data |
| 8 | 8 Burkina Faso | 130 | 2023 | +4% | +11.33% | View data |
| 9 | 9 Chad | 64 | 2023 | 0% | 0% | View data |
| 10 | 10 Niger | 59 | 2023 | 0% | 0% | View data |
