Australia Palm Oil Consumption is set to reach 115 Thousand Metric Tons by 2027 from 110 Thousand Metric Tons 2022, was up 1.2% per year. Since 2018, the demand rose 0.7% year on year to 17,500 Thousand Metric Tons. The country ranked number 28 in 2022, Japan came ahead 110 Thousand Metric Tons. India, Indonesia and Nigeria respectively were numbers 2, 3 and 4 in this ranking.
How does Australia 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 |
| 26 | 26 Honduras | 125 | 2023 | 0% | +0.49% | View data |
| 27 | 27 Japan | 116 | 2023 | 0% | +0.35% | View data |
| 28 | 28 Australia | 111 | 2023 | +0.91% | +1.12% | |
| 29 | 29 Kenya | 110 | 2023 | +2.8% | +3.41% | View data |
| 30 | 30 Peru | 92 | 2023 | -1.08% | -0.43% | View data |
