This statistic shows the global consumption of vegetable oils from 2013/14 to 2023/24. In 2023/24, sunflower seed oil consumption was forecast to be at over 20.27 million metric tons worldwide. Global vegetable oil production amounted to around 222 million metric tons in that same period.
Vegetable oils
Vegetable oils are oils or fats extracted from a plant. Their texture can be described as liquid, oily and fatty. Most vegetable oils are able to fulfill two functions: they can either be used as cooking oil or for fuel and diesel production. The most common oil types include palm oil, soybean oil, canola oil and sunflowerseed oil. Palm oil is extracted from the flesh of the palm fruit, which is primarily found in the tropical climate of Africa, South America and South East Asia. It is estimated that about 90 percent of palm oil is used for food consumption, whereas industrial consumption such as cosmetic products or fuel and diesel claim the remaining 10 percent.
In terms of consumption as a food product, vegetable oils are seen as the healthier alternative as they contain more unsaturated fatty acids than animal fats. One of the most widely used cooking oils is canola oil, also known as rapeseed oil. It is obtained by extraction from the rapeseed, which is first slightly heated and then crushed. Rapeseed oil, in particular, is seen to have the advantages of containing a higher amount of omega-3 (linolenic acid) and omega-6 (linoleic) fatty acids and to be low in saturated fatty acids.
Consumption of vegetable oils worldwide from 2013/14 to 2023/2024, by oil type
(in million metric tons)
*Forecast
The data based on Marketing Years (MY). Most countries are on an October/September MY.
Data prior to 2018/2019 have been taken from previous reports.
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US Department of Agriculture, & USDA Foreign Agricultural Service. (February 13, 2024). Consumption of vegetable oils worldwide from 2013/14 to 2023/2024, by oil type (in million metric tons) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/263937/vegetable-oils-global-consumption/?utm_campaign=world-s-top-court-wades-into-climate-justice&utm_medium=referral&utm_source=archives.internationalintrigue.io
US Department of Agriculture, und USDA Foreign Agricultural Service. "Consumption of vegetable oils worldwide from 2013/14 to 2023/2024, by oil type (in million metric tons)." Chart. February 13, 2024. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/263937/vegetable-oils-global-consumption/?utm_campaign=world-s-top-court-wades-into-climate-justice&utm_medium=referral&utm_source=archives.internationalintrigue.io
US Department of Agriculture, USDA Foreign Agricultural Service. (2024). Consumption of vegetable oils worldwide from 2013/14 to 2023/2024, by oil type (in million metric tons). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/263937/vegetable-oils-global-consumption/?utm_campaign=world-s-top-court-wades-into-climate-justice&utm_medium=referral&utm_source=archives.internationalintrigue.io
US Department of Agriculture, and USDA Foreign Agricultural Service. "Consumption of Vegetable Oils Worldwide from 2013/14 to 2023/2024, by Oil Type (in Million Metric Tons)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/263937/vegetable-oils-global-consumption/?utm_campaign=world-s-top-court-wades-into-climate-justice&utm_medium=referral&utm_source=archives.internationalintrigue.io
US Department of Agriculture & USDA Foreign Agricultural Service, Consumption of vegetable oils worldwide from 2013/14 to 2023/2024, by oil type (in million metric tons) Statista, https://www.statista.com/statistics/263937/vegetable-oils-global-consumption/?utm_campaign=world-s-top-court-wades-into-climate-justice&utm_medium=referral&utm_source=archives.internationalintrigue.io (last visited July 27, 2024)
Consumption of vegetable oils worldwide from 2013/14 to 2023/2024, by oil type (in million metric tons) [Graph], US Department of Agriculture, & USDA Foreign Agricultural Service, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/263937/vegetable-oils-global-consumption/?utm_campaign=world-s-top-court-wades-into-climate-justice&utm_medium=referral&utm_source=archives.internationalintrigue.io