In 2024, Indonesia leads with a 16.36% share, followed by Spain (10.37%) and the United States (9.73%). Notable YoY variations include Canada (+7.59%), Mozambique (+8.29%), and Taiwan (+24.57%). Conversely, significant declines occurred in the Netherlands (-7.19%) and Nicaragua (-8.78%). Over a 5-year period, the Compound Annual Growth Rate (CAGR) reveals that the vegetable oils stock is relatively stable with minor fluctuations.
Looking ahead, closely monitor the impact of climatic conditions on major producers like Indonesia and Brazil. Trade policies and geopolitical tensions could also considerably affect stock levels, especially in the United States and China. Technological advancements in oil extraction and processing might optimize stock variations.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 16.36 | 2023 | +7.08% | View data | |
| 2 | 2 Spain | 10.37 | 2023 | +11.5% | View data | |
| 3 | 3 United States | 9.73 | 2023 | +3.2% | +2.42% | View data |
| 4 | 4 Poland | 7.08 | 2023 | +4.26% | +2.86% | View data |
| 5 | 5 Argentina | 6.66 | 2023 | +4.13% | View data | |
| 6 | 6 Netherlands | 5.26 | 2023 | -6.49% | -7.19% | View data |
| 7 | 7 Brazil | 5.16 | 2023 | +7.33% | View data | |
| 8 | 8 Iran | 4.91 | 2023 | +9.55% | View data | |
| 9 | 9 Togo | 2.71 | 2023 | +7.5% | View data | |
| 10 | 10 Kenya | 2.45 | 2023 | +6.56% | View data |
