Consumption of vegetable oils worldwide from 2013/14 to 2020/2021, by oil type (in million metric tons), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. US Department of Agriculture, USDA Foreign Agricultural Service. Statista. "Production of major vegetable oils worldwide from 2012/13 to 2020/2021, by type (in million metric tons)." Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Research expert covering agriculture & FMCG, Profit from additional features with an Employee Account. Please do not hesitate to contact me. Palm oil is the most consumed edible oil in the world, having surpassed all others in 2015.1 Palm oil and palm kernel oil are extracted from the oil palm’s fruit flesh and seed, respectively, providing ingredients for numerous edible and personal care products as well as feedstock for biofuels.2,3 Breaking consumption Search inside Edible Oil. Local consumers now have to spend more on edible oil as prices are rising in the international market almost every week due to decreased production in … Olive oil is a versatile and popular household item. Most countries are on an October/September MY. The edible oil industry is marked … It will import less rapeseed oil, and biodiesel demand is significant. Here are the 10 most expensive olive oils in the world in 2019. The minister made the remarks when he addressed journalists on the state of availability of edible oil in the country. Most countries are on an October/September Marketing Year (MY). Accessed February 03, 2021. https://www.statista.com/statistics/263937/vegetable-oils-global-consumption/. Cottonseed oil, used as a salad and cooking oil, both domestically and industrially. New, Everything you need to know about the industry development, Find studies from all around the internet. "Consumption of Vegetable Oils Worldwide from 2013/14 to 2020/2021, by Oil Type (in Million Metric Tons). Palm oil: global production volume 2012/13-2020/21, Palm oil export volume worldwide 2020/21, by country, Coconut oil: global production volume 2012/13-2020/21, Olive oil: global production volume 2012/13-2020/21. US Department of Agriculture, and USDA Foreign Agricultural Service. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Palm oil: global production volume 2012/13-2020/21, Palm oil export volume worldwide 2020/21, by country, Coconut oil: global production volume 2012/13-2020/21, Olive oil: global production volume 2012/13-2020/21. However, domestic production of palm oil is limited. Mustard oil is a great oil substitute for traditional cooking oil options as it is often used … USD 65 billion. Olive oil isn't something most people spend tons of money on, but you can. This statistic is not included in your account. Also used in fuel industry as bio-fuel. January 21, 2021. Palm oil is the most consumed edible oil in the world with a retail market value of at least USD 65 billion, providing USD 39 billion of global Gross … The edible oils have different nutritional values and people use them for cosmetic products such as hair care, skin creams and moisturizers. India’s edible oil imports may rise to 16.3 million tons in 2019-20 from 15.6 million tons a year earlier. While soybean oil remains the most popular choice in the U.S., over 80% of the edible oil consumed by Americans was soy less than 15 years ago. ", US Department of Agriculture & USDA Foreign Agricultural Service, Consumption of vegetable oils worldwide from 2013/14 to 2020/2021, by oil type (in million metric tons) Statista, https://www.statista.com/statistics/263937/vegetable-oils-global-consumption/ (last visited February 03, 2021), Consumption of vegetable oils worldwide from 2013/14 to 2020/2021, by oil type, Global oilseed production 2020/21, by type, Vegetable oil production worldwide 2000-2021, Vegetable oils: production worldwide 2012/13-2020/21, by type, Vegetable oils: global consumption by oil type 2013/14 to 2020/2021, Global soybean oil production volume 2012/13-2020/21, Rapeseed oil: global production volume 2012/13-2020/21, Sunflowerseed oil: global production volume 2012/13-2020/21, Palm kernel oil: global production volume 2012/13-2020/21, Peanut oil: global production volume 2012/13-2020/21, Cottonseed oil: production volume worldwide 2012/13-2020/21, Major vegetable oils: export volume worldwide 2020/21, by type, Soybean oil export volume worldwide 2013/14-2020/21, by country, Sunflowerseed oil export volume worldwide 2015/16-2020/21, by country, Major vegetable oils: import volume worldwide 2020/21, by type, Palm kernel oil: global import volume 2012/13-2020/21, Soybean oil: global import volume 2017/18-2028/29, Sunflowerseed oil: global import volume 2013/14-2020/21, Leading countries of soybean oil consumption worldwide 2020, Leading countries of sunflowerseed oil consumption worldwide 2020, Olive oil: global consumption 2012/13-2020/21, Olive oil: global major consumers 2020/21, Palm oil consumption in India FY 2012-2020, Malaysia's palm oil consumption 2011-2020, European Union-27: vegetable oil consumption volume forecast 2016-2029, Egypt's palm oil consumption 2011/12-2019/2020, Burma's palm oil consumption 2011/12-2016/17, Nigeria's palm oil consumption 2011/12-2019/2020, Ghana's palm oil consumption 2011/12-2014/15, Palm oil consumption in China MY 2011/12-MY 2020/21, Philippines' palm oil consumption 2011-2019, Indonesia's palm oil consumption 2011/12-2018/19, Palm oil consumption Bangladesh 2012-2021, Palm oil consumption in Pakistan 2011/12-2018/2019, Per capita consumption of vegetable oils and fats in Europe, Edible vegetable oil retail sales in Japan 2012-2021, Industry revenue of “manufacture of vegetable and animal oils and fats“ in the Netherlands 2012-2024, Sales value of manufactured vegetable oil in Malaysia 2012-2019, Ottogi Foods Co. Ltd. vegetable oil market share South Korea 2014-2018, Industry revenue of »manufacture of vegetable and animal oils and fats« in Czechia 2011-2023, CJ Cheiljedang Corp. vegetable oil market share South Korea 2014-2018. Some of the popular oils used for daily cooking include sunflower oil, palm oil, peanut oil, and more. Consumption of edible oil has grown, but oilseed production has remained stagnant for two decades. Corporate solution including all features. There’s a big opportunity in China, where soybean crushing will drop. Learn more about how Statista can support your business. Consumption of vegetable oils worldwide from 2013/14 to 2020/2021, by oil type (in million metric tons) [Graph]. Profit from additional features by authenticating your Admin account. Refined Soya Bean Oil is extracted from best Quality Soya Bean seeds.Of the total global edible oil production, Soya bean oil is the second largest contributor with 37 million tonnes (23%). You need at least a Single Account to use this feature. A paid subscription is required for full access. Sunflower oil is one of the most often used oils in industrial applications and human nutrition, due to the fact that up to 85% from its composition is represented by unsaturated fatty acids. Are you interested in testing our corporate solutions? And the area of consumption is very concentrated because the top 50 consumption countries represented about 90 percent of the world edible oil market. Hence, sunflower demand has gone up. “Currently we have the availability of edible oil in the country but the two ships with 21,800 tonnes and others with 26,450 have been disembarked, we believe that with the remaining ships which are yet to arrive, we believe the shortage will end,” he said. Then you can access your favorite statistics via the star in the header. About 38% of the oils and fats produced in the world were shipped across oceans. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: The data based on Marketing Years (MY). US Department of Agriculture. You can only download this statistic as a Premium user. Over the last 30 years, the oil crop production in the world increased 240%, while the increase in area and in yield was 82 and 48%, respectively. Profit from additional features by authenticating your Admin account. Please authenticate by going to "My account" → "Administration". As soon as this statistic is updated, you will immediately be notified via e-mail. countries with remarkable palm oil production in 1000 MT. it is considered as one of the most popular and consumed vegetable oils obtained from the mesocarp. $39 per month* In Odisha, both, mustard and sunflower oil, is consumed at home. This feature is limited to our corporate solutions. For example, edible oil which is obtained from coconut, sunflower and olive are used for food preparations in every part of the world. Palm imports may increase to 9.9 million tons in 2019-20 from 9.5 million. These types of cooking oil are also extracted from plants that are known to have umpteen health benefits. You need a Single Account for unlimited access. You only have access to basic statistics. Then you can access your favorite statistics via the star in the header. Palm oil originated in West Africa in the 1800’s and was highly sought after by many Europeans. Please create an employee account to be able to mark statistics as favorites. facts. Chart. Figure 1 illustrates this trend. and over 1 Mio. The cottonseed oil is used during the salad dressing process. Ranking List of the Top ten leading palm oil producers in the world. Are you interested in testing our corporate solutions? Cooking oil is plant, animal, or synthetic fat used in frying, baking, and other types of cooking.It is also used in food preparation and flavouring not involving heat, such as salad dressings and bread dippings like bread dips, and may be called edible oil.. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. As 90% of hotels & restaurants use only palm oil, palm oil … Please authenticate by going to "My account" → "Administration". (January 21, 2021). Edible oil is among one of the vital dietary components in regular food intake. Accessed February 03, 2021. https://www.statista.com/statistics/263933/production-of-vegetable-oils-worldwide-since-2000/, US Department of Agriculture. Please contact us to get started with full access to dossiers, forecasts, studies and international data. 2013-2018 the consumption of edible oil is increasing. The Indian edible oil market is the world’s fourth-largest after the USA, China and Brazil. Canola oil, the most sold cooking oil all around the world, used as a salad and cooking oil, both domestically and industrially. Nearly 95% of palm oil consumed is imported. Edible oil is a fatty liquid that is physically extracted from several vegetables and also some animal tissues, the most appreciated being olive oil for both taste and health properties (Preedy and Watson, 2010), especially the extra-virgin category, mechanically extracted from olives at … In a heavily demand based industry, the largest edible oil companies in the world are always taking the lead. Directly accessible data for 170 industries from 50 countries According to some statistic, between 2013 and 2018, world consumption of every kind of edible oil increased a lot. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Palm oil is the most consumed edible oil in India with a share of 40%, followed distantly by soya bean and mustard oil. A growing population, increasing rate of consumption and increasing per capita income are accelerating the demand for edible oil in India. What is Edible Oil? By 2018, 20 years since the dropsy incident, the situation transposed and 70% of edible oil consumed in India was imported. China is well-known for its manifold and exceptional foods/dishes. Register in seconds and access exclusive features. (January 21, 2021). Please create an employee account to be able to mark statistics as favorites. Palm oil is imported from the world’s top two producers, Indonesia and Malayasia. Ranking 2019's The Most Expensive Olive Oils In the World. Global Edible Oil Market to be driven by consistent growth in fast food industry, global demand for edible oil is expected to grow at a single digit increase in CAGR from 2016 to 2024, edible oil market can be segmented into product type such as rapeseed palm oils, soybean, and sunflower among others Home Agribusiness; Consumer Goods And Retail; Heavy Industry; ICT And Media; Life Sciences; Services; Edible Oil Market Reports in the World. Mustard oil. Share Share Tweet Email Comment. The ideal entry-level account for individual users. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Palm Oil is currently the most consumed edible oil in the world, with Malaysia and Indonesia being the top two producers. "Consumption of vegetable oils worldwide from 2013/14 to 2020/2021, by oil type (in million metric tons)." Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Learn more about how Statista can support your business. By Ariane Signer Aug 05, 2019. Corporate solution including all features. Palm oil is the most consumed, most imported, highest yielding edible oil in the world Source: U.S. Department of Agriculture (global data; includes 2019 projections) The company belongs to … The leading exporters of palm oil worldwide were Indonesia and Malaysia. In AP, Karnataka, Telangana and Odisha, Freedom Refined Sunflower oil is the most preferred edible oil used at home. While talking about the most popular and widely consumed edible oils, no one can ignore the Palm oil. New, Figures and insights about the advertising and media world, Industry Outlook Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). and over 1 Mio. Update, Insights into the world's most important technology markets, Advertising & Media Outlook They are versatile and may be a component of products including fried foods, mayonnaise, margarine, shortening, pharmaceuticals, and biofuels. Statista. ", US Department of Agriculture, Production of major vegetable oils worldwide from 2012/13 to 2020/2021, by type (in million metric tons) Statista, https://www.statista.com/statistics/263933/production-of-vegetable-oils-worldwide-since-2000/ (last visited February 03, 2021), Production of major vegetable oils worldwide from 2012/13 to 2020/2021, by type, Global oilseed production 2020/21, by type, Vegetable oil production worldwide 2000-2021, Vegetable oils: production worldwide 2012/13-2020/21, by type, Vegetable oils: global consumption by oil type 2013/14 to 2020/2021, Global soybean oil production volume 2012/13-2020/21, Rapeseed oil: global production volume 2012/13-2020/21, Sunflowerseed oil: global production volume 2012/13-2020/21, Palm kernel oil: global production volume 2012/13-2020/21, Peanut oil: global production volume 2012/13-2020/21, Cottonseed oil: production volume worldwide 2012/13-2020/21, Major vegetable oils: export volume worldwide 2020/21, by type, Soybean oil export volume worldwide 2013/14-2020/21, by country, Sunflowerseed oil export volume worldwide 2015/16-2020/21, by country, Major vegetable oils: import volume worldwide 2020/21, by type, Palm kernel oil: global import volume 2012/13-2020/21, Soybean oil: global import volume 2017/18-2028/29, Sunflowerseed oil: global import volume 2013/14-2020/21, Leading countries of soybean oil consumption worldwide 2020, Leading countries of sunflowerseed oil consumption worldwide 2020, Olive oil: global consumption 2012/13-2020/21, Olive oil: global major consumers 2020/21, Palm oil consumption in India FY 2012-2020, U.S. production of vegetable oils by oil type 2018, European Union-27: vegetable oils production volume forecast 2015-2028, Monthly shopping volume of edible oil Spain 2018, Average price per liter of edible oil in Spain in 2019, Bolivia: soybean oil production volume 2010-2019, Per capita consumption of vegetable oils and fats in Europe, Olive oil import volume worldwide 2015/16-2019/20, by country, Cooking and salad oil supermarket brands in France 2014-2019, by number of users, Oils for cooking and salad usage in households in France 2015-2019, by type, Oils for cooking and salad usage in households in France 2015-2019, by frequency, Oils for cooking and salad usage in France 2014-2019, by user type, Peanut oil export volume worldwide 2015/16-2019/20, by country, Olive oil export volume worldwide 2015/16-2019/20, by country, United Kingdom: vegetable fats and oils export value to the Czech Republic 2010-2014, United Kingdom (UK): vegetable fats and oils export value to Iceland 2010-2014, Vegetable oil and its products production volume in India FY 2015-FY 2016, United Kingdom (UK): vegetable oils and fats import value from Spain 2010-2014, United Kingdom (UK): vegetable fats and oils export value to Spain 2010-2014, United Kingdom (UK): vegetable fats and oils export value to Belgium 2010-2014, Leading suppliers for Italy's imports of oils and fats 2017-2019, Production of major vegetable oils worldwide from 2012/13 to 2020/2021, by type (in million metric tons), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, leading exporters of palm oil worldwide were Indonesia and Malaysia.