• Which countries sell cooking oils to the United States?
  • The top three suppliers of cooking oils to the U.S was Canada with a 34.8% market share equivalent to US$3.1 billion, 2.1 billion kilograms, followed by Indonesia with a 23.4% market share, equal to US$2.1 billion, 1.8 billion kilograms, and Italy, representing a 6.5% market share with US$0.6 billion, 0.1 billion kilograms in 2021.
  • Why did the cooking oil market contract 12% between 2020 and 2021?
  • The U.S total cooking oil market did contract 12.0% between 2020 and 2021 due to the initial decline in foodservice demand (pandemic imposed foodservice restrictions/closures) and later, by the easing of home seclusion, as less meals were prepared at home – Euromonitor International 2021), as retail sales decreased from US$4.5 billion in 2020.
  • Which country sells the most cooking oils in the world?
  • India was the largest global market for cooking oils with retail sales of US$22.1 billion (21.1% market share), followed by China with values of US$15.7 billion (15.0% market share) and Brazil, with retail sales of US$4.6 billion (4.4% market share) in 2021.
  • Which country exports Canadian cooking oils?
  • The U.S was the largest export market for Canadian cooking oils (69.0% market share) valued at US$3.1 billion, 2.1 billion kilograms, followed by China (17.7% market share) with values of US$799.9 million, 774.2 million kilograms and Mexico (5.6% market share) valued at US$250.5 million, 165.5 million kilograms in 2021.
  • Is used cooking oil running in short supply?
  • The Valero refinery next to the Houston Ship Channel is seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott/File Photo Purchase Licensing Rights April 22 (Reuters) – Used cooking oil, a feedstock fueling America’s renewable diesel boom, is running in short supply, according to U.S. refiner Valero.
  • What is used cooking oil (UCO)?
  • Last Month, Clean Fuels Alliance America released a report, compiled on their behalf by GlobalData, on the worldwide supply of used cooking oil (UCO). UCO is a low carbon intensive (CI) feedstock used for biodiesel and in high demand from producers and end users facing governmental policies related to carbon emissions.