Ethiopia palm oil consumption 2024 statistic

Edible Oils Ethiopia Statista Market Forecast

  • Ethiopia palm oil consumption 2024 statistic
  • Ethiopia palm oil consumption 2024 statistic
  • Ethiopia palm oil consumption 2024 statistic
  • Ethiopia palm oil consumption 2024 statistic

Palm oil industry worldwide statistics & facts

Palm oil usage worldwide 2023/2024 Statista

Global Market Report: Palm Oil Prices and Sustainability

World Consumption of Palm Oil Council of Palm Oil

  • How much palm oil is consumed in 2022/23?
  • In 2022/23, palm oil consumption amounted to around 78 million metric tons worldwide. That figure is projected to decrease to approximately 77 million metric tons during 2023/24. Palm oil is an edible vegetable oil commonly used for food products, detergents, and cosmetics.
  • How big is the palm oil market in 2024?
  • Businesswire. (2019). Global study on the palm oil market, 2019-2024 – Volume expected to surpass $107 million tons by 2024, with expanding applications in both edible & non-edible sectors – ResearchAndMarkets.com. Jadhav, R. (2018). India raises import tax on palm oil to highest in a decade.
  • How much palm oil is consumed in Europe?
  • Nonetheless, palm oil consumption in the European Union has dropped significantly during the last two years. After constantly being close to 6.6 million metric tons between 2015 and 2020, consumption levels dropped to five million in 2021 and has not increased much since.
  • What is Indonesia's palm oil consumption?
  • Indonesia’s palm oil consumption has nearly tripled during the last decade. China's total imports of palm oil amount to approximately 7.2 million tons per year. More than half of those are imported from Indonesia, the leading palm oil producer worldwide.

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