Key Market Indicators
Consumption of edible oils in China is projected to reach 12.6 million metric tons by 2026, a 0.4% increase compared to 2021. In 2021, India led the world in consumption with 12.3 million metric tons, followed by China, the United States, and Brazil. Chinese production of edible oils is projected to reach 26.9 million metric tons by 2026, a 0.6% increase compared to 2021. In 2021, Indonesia topped the world in production with 25.9 million metric tons, followed by China, Malaysia, and the United States.