Madagascar Palm Oil Consumption is set to reach 38.98 Thousand Metric Tons by 2027 from 32 Thousand Metric Tons 2022, rose 5.3% per year. Since 2018, the demand rose 0.7% year on year close to 17,500 Thousand Metric Tons. The country ranked number 53 in 2022, Sri Lanka came ahead 32 Thousand Metric Tons. India, Indonesia and Nigeria respectively ranked numbers 2, 3 and 4 in this ranking.
How does Madagascar 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 |
| 50 | 50 Oman | 34 | 2023 | +3.03% | +1.22% | View data |
| 51 | 51 Papua New Guinea | 33 | 2023 | -8.33% | -9.38% | View data |
| 52 | 52 Madagascar | 33 | 2023 | +3.13% | +4.88% | |
| 53 | 53 Costa Rica | 33 | 2023 | 0% | +1.26% | View data |
| 54 | 54 Sri Lanka | 33 | 2023 | +3.13% | +1.92% | View data |
