In 2023, Trinidad and Tobago led global palm oil tourist consumption share, with significant consumption also evident in Solomon Islands, Fiji, Sao Tome and Principe, China, and Malta. Actual data denotes no substantial year-on-year change except for Fiji, which experienced a moderate increase of 5.92%. Over the past five years, the CAGR remains stable with slight growth fluctuations.
Forecasted trends for 2024 indicate increased consumption diversifying across more countries, potentially influenced by rising tourist activities and palm oil use in culinary experiences in emerging markets. Observing sustainability practices and their impact on consumption patterns is noteworthy in future analyses.
Top countries in Palm Oil Tourist Consumption Share by Country (Thousand Metric Tons)
| # | 6 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Trinidad and Tobago | 34.62 | 2023 | 0% | 0% | View data |
| 2 | 2 Solomon Islands | 19.23 | 2023 | 0% | 0% | View data |
| 3 | 3 Fiji | 15.38 | 2023 | 0% | +5.92% | View data |
| 4 | 4 Sao Tome and Principe | 15.38 | 2023 | 0% | 0% | View data |
| 5 | 5 China | 7.69 | 2023 | 0% | 0% | View data |
| 6 | 6 Malta | 3.85 | 2023 | 0% | 0% | View data |
