global vegetable oil consumption statista

                                               
                                               
                                               
                                               
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  • What is the projected consumption volume of vegetable oils in the EU?
  • The projected consumption volume of vegetable oils in the European Union was forecast to continuously decrease between 2023 and 2032 by in total 1.8 billion tonnes. After the tenth consecutive decreasing year, the projected consumption volume is estimated to reach 21.7 billion tonnes and therefore a new minimum in 2032.
  • How much olive oil is consumed worldwide?
  • A paid subscription is required for full access. This statistic shows the consumption of olive oil worldwide from 2012/13 to 2023/24. In 2022/23, the global consumption volume of olive oil amounted to about 2.6 million metric tons and is expected to drop to about 2.39 million metric tons in 2023/24.
  • Which vegetable oil has the highest volume of production?
  • Among the major categories of vegetable oil, palm oil had the highest volume of production, at 79.4 million metric tons in that time period. Palm oil is a common oil in consumer products and processed foods. It is produced by harvesting palm fruit from the oil palm tree and extracting the oil from the fruit.
  • What happened to vegetable oil production?
  • Since 2007, annual vegetable oil production had increased by more or less five percent, however slowed down in 2012/2013.