• global vegetable oil production line to reach reach record high
  • global vegetable oil production line to reach reach record high
  • global vegetable oil production line to reach reach record high
  • global vegetable oil production line to reach reach record high
  • Will global vegetable oil production hit record levels in 2024/25?
  • Global vegetable oil production expected to hit record levels in… Worldwide production of vegetable oils is forecast to increase to record levels in the 2024/25 crop year, according to US Department of Agriculture (USDA) data reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).
  • How many tonnes will vegetable oils produce in 2023/24?
  • The US Department of Agriculture (USDA) estimates that global output of vegetable oils will reach 222.8 million tonnes in 2023/24. This would be a 6.5 million tonne rise compared to 2022/23. In other words, production will probably cover the estimated demand of 217.5 million tonnes more than adequately.
  • How many tonnes of vegetable oil will be produced in the world?
  • In other words, production will probably cover the estimated demand of 217.5 million tonnes more than adequately. This means that global ending stocks of vegetable oils will increase approximately 0.1 million tonnes to 30.6 million tonnes. Palm oil remains the most important vegetable oil on the world market.
  • Which country produces the most vegetable oil in the world?
  • 35 per cent of total global vegetable oil production. Indonesia remains the largest producer with an output of 47.5 million tonnes, followed by Malaysia with 19 million tonne and Thailand with just less than 3.4 million tonnes.Production of soybean oil is expected to grow just less than 3.0 million tonnes to 65.4 million tonn
  • How much will vegetable oil production increase in 2022/23?
  • This would be a 6.5 million tonne rise compared to 2022/23. In other words, production will probably cover the estimated demand of 217.5 million tonnes more than adequately. This means that global ending stocks of vegetable oils will increase approximately 0.1 million tonnes to 30.6 million tonnes.
  • What is the outlook for vegetable oil production in 2024/25?
  • oduction of both soybean and palm oil is on the rise. Howev production of sunflower oil will probably decline. According to the latest outlook published by the US Department of Agriculture (USDA), 2024/25 global production f vegetable oils will amount to 228.3 million tonnes. This