Which Country Consumes the Most Palm Oil in the World?
Global palm oil consumption amounted to X thousand tonnes in 2015, coming up by +X% against the previous year level. Overall, the global palm oil consumption indicated a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total consumption volume increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the output figure increased by +X% from the previous year level. Over the period under review, the global palm oil consumption reached its maximum volume in 2015, and is likely to continue its growth in the immediate term.
Top Palm Oil Consuming Countries in the World
X. Indonesia (X Tonnes)
X. Malaysia (X Tonnes)
X. India (X Tonnes)
X. China (X Tonnes)
X. Thailand (X Tonnes)
Global Palm Oil Consumption
In 2015, the countries with the highest consumption were Indonesia (X thousand tonnes), Malaysia (X thousand tonnes), India (X thousand tonnes), together comprising X% of total consumption. They were followed by China with a X% of global consumption share and Thailand with a X% share.
From 2007 to 2015, the most notable growth rates of palm oil consumption among the main consuming countries was attained by India (+X% per year), while the other global leaders experienced more modest paces of growth.
The highest levels of palm oil per capita consumption was registered in Malaysia (X kg/year), followed by Indonesia (X kg/year), Thailand (X kg/year), India (X kg/year) and China (X kg/year), while the average per capita consumption of palm oil was estimated at X kg/year in 2015.
In India, per capita palm oil consumption has grown noticably (+X% per year) in recent years. In 2015, India per capita consumption reached X kg/year as compared with X kg/year in 2007.
Do you want to know more about global palm oil market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- palm oil market share
- palm oil prices
- palm oil industry
- palm oil sales
- palm oil import
- palm oil export
- palm oil market forecast
- palm oil price forecast
- key palm oil producers
Source: IndexBox AI Platform
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