India Palm Oil Consumption is set to reach 2,610 Thousand Metric Tons by 2026 from 2,360 Thousand Metric Tons 2021, rose 2.2% per year. Since 2017, the demand was up 0.6% year on year reaching 17,310 Thousand Metric Tons. The country ranked number 2 in 2021, China came ahead 2,360 Thousand Metric Tons. India, Indonesia and Nigeria respectively came in numbers 2, 3 and 4 in this ranking.
How does India rank in Palm Oil Market Size Volume?
| # | 80 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,930 | 2023 | -0.31% | -0.54% | View data |
| 2 | 2 India | 2,470 | 2023 | +2.11% | +2.18% | |
| 3 | 3 Indonesia | 1,560 | 2023 | +1.49% | +0.39% | View data |
| 4 | 4 Nigeria | 1,410 | 2023 | +0.79% | +0.19% | View data |
| 5 | 5 Pakistan | 848 | 2023 | +2.17% | +2.05% | View data |