Americas (Jan – Jun) 2019

Malaysian Palm Oil Exports Performance to Americas Region
(Jan – Jun 2019)
A Review on MPO Export Performance
 

 COUNTRYJan – Jun 2019Jan – Jun 2018Diff (MT)Diff (%)
1USA347,393270,05877,33528.64
2Mexico12,36575111,6141,546.24
3Brazil6,8431,6175,226323.12
4Haiti6,7083,0023,706123.45
5Canada4,9026,911(2,009)(29.07)
6Trinidad3,7753,6381383.78
7Chile2,9633,231(268)(8.29)
8Argentina2,1218741,246142.53
9Panama1,7715461,225224.41
10Guyana1,3141,830(516)(28.19)
11Dominican Rep.9321,011(79)(7.80)
12Jamaica5444945010.17
13Guatemala52041110926.61
14Cuba398699(301)(43.10)
15Suriname360364(4)(1.06)
16Peru3362904615.70
17Barbados1781433524.66
18St. Lucia128765369.59
19Uruguay123189(66)(34.87)
20Grenada53053#DIV/0!
21Colombia492227125.83
22Antigua42106(64)(60.67)
23Costa Rica3690(54)(60.12)
24Neth Antilles22022#DIV/0!
25St. Vincent and The Grenadines17017#DIV/0!
 Grand Total393,894296,35397,54132.91

Source : MPOB

From January – June 2019, total MPO exports to the Americas region were recorded at 393,894 MT compared to 296,353 MT recorded in the same period of 2018. This represents an increase of 97,451 MT or by 32.91% compared to the same period of 2018. This higher import volume was contributed mainly by USA, which imported 77,325 MT or 28.64% more as the attractive price of palm oil in April till June prompted importers to source palm oil for use especially for the summer months when demand for food products is higher.

One of the main reason for the increase was the higher demand for palm oil in the Americas region is that more palm oil is utilised for food applications. Another reason was the very competitive price of palm oil in the first quarter of 2019 which led to more shipments of Malaysian palm oil to these destinations. Demand for palm oil is mainly due to higher demand from the food prepared food and HORECA industry. RBD palm olein was the main product imported by this region with almost 32% of all palm products imported.

Breakdown of MPO Exports (MT) Jan – Jun 2019

Malaysian Palm Products Export to Americas Region(By Products)
PRODUCTJan – Jun 2019Jan – Jun 2018Diff (MT)Diff (%)
RBD PL127,19290,55836,63440.45
RBD PO107,84373,14534,69847.44
RBD PS89,70189,1455560.62
PFAD47,89620,55127,345133.06
OTHERS21,26222,953(1,692)(7.37)
TOTAL393,894296,35397,54132.91
Source: MPOB

Malaysian palm oil exports to the USA

Malaysian Palm Products Export to USA  (By Products)
PRODUCTJan – Jun 2019Jan – Jun 2018Diff (MT)Diff (%)
RBD PL108,58083,36025,21930.25
RBD PO100,05370,66829,38541.58
RBD PS85,47388,542(3,069)(3.47)
PFAD46,97719,41327,564141.99
OTHERS6,3118,075(1,764)(21.84)
TOTAL347,393270,05877,33528.64
Source: MPOB

From January to June 2019, MPO intake by USA increased by 77,335 MT or by 28.53% compared to the same period of 2018. The main reason for the increase was due to the higher demand of oils and fats as the country approach summer months which typically sees a higher consumption especially in the food industry. Furthermore, the attractive and competitive price of palm oil during the first half of the year prompted the higher demand for the product.

In addition, palm oil has been certified to be trans-fat free it is used mainly by the confectionery and food industries in prepared foods. RBD Palm Olein, RBD Palm Oil and RBD palm stearin are the most in demand product comprising almost 85% of all palm oil products.


For more info please contact Mr Izham
Email : izham@mpoc.org.my

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