The Philippines Palm Oil Consumption is set to reach 424.61 Thousand Metric Tons by 2026 from 336 Thousand Metric Tons 2021, rose 3.4% per year. Since 2017, the demand increased 0.6% year on year attaining 17,310 Thousand Metric Tons. The country came in number 11 in 2021, Saudi Arabia came ahead 336 Thousand Metric Tons. India, Indonesia and Nigeria respectively came in numbers 2, 3 and 4 in this ranking.
How does the Philippines 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% | View data |
| 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 |
| 9 | 9 Colombia | 388 | 2023 | +0.52% | +0.85% | View data |
| 10 | 10 Saudi Arabia | 385 | 2023 | +0.26% | +0.31% | View data |
| 11 | 11 Philippines | 375 | 2023 | +5.34% | +4.29% | |
| 12 | 12 Ivory Coast | 301 | 2023 | +2.73% | +1.38% | View data |
| 13 | 13 Ethiopia | 264 | 2023 | +0.76% | +0.78% | View data |
