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Vegetable Oil Production Worldwide

Oil crops are mainly annual crops, such as soybeans, peanuts, rapeseed, sunflower, sesame, etc., otherwise, cotton, linseed, hemp are also oil content. Perennial oil crops like olive, palm, coconut and tung trees are in second place. The distribution area of ​​oil crops is similar to that of cereal crops. Oil crops are planted in densely populated areas throughout the world, but for different crop varieties. Individual oil crops are comparatively centralized, limited by natural conditions. The largest producers of oil crops in the world are the United States (soybean, cotton and peanuts), China, India (sesame, peanuts and rapeseed), etc. Developing countries have an important position in world production of oil crops: four peanuts and sesame seeds. Fifth, one-fifth of linseed, 70% hemp, one-third of rapeseed, one fourth of soybean and 100% of palm and coconut, at the same time which are important exporters of oil crops. Western Europe and Japan are the largest importers of low yields worldwide.

Soybean is one of the largest oil crops, covering 30% of the production. Soybean exports to the US, Brazil, Argentina account for 92% of world exports. The data shows that the vegetable oils market has changed in recent years, due to the increasing demand for edible oils. It has become a pattern of three markets: full-blown markets mainly in traditional importers such as the European Union, Japan and Taiwan, growing markets represented by China which are rapidly increasing imports and emerging markets represented by India.

Rapeseed oil is the third vegetable oil in the world, standing shoulder to shoulder with soybean, sunflower seed oil and palm oil as the four major oils in the world. The main countries of rapeseed oil production are China, Canada, India and the European Union. But most of the rapeseed oil is for local consumption, except in Canada and Australia.

Peanut is one of the most important oil crops in the world, second only to rapeseed in the field of farming, which holds a significant position in the term oil production. Farming areas in Asia, Africa and the Americas constitute 99.7% of the world. The largest cultivated areas are India, China and Nigeria and the largest production is China, India and the United States.

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