Market Highlights

Market Highlights

Palm Oil Market Outlook within the Americas Region

The Americas region is one of the major consumers as well as producers of oils and fats in the world.  Major oils consume in this region are mainly soybean oil, canola oil and palm oil. Palm oil is the largest imported oil into the region, accounting for approximately 30% of total oils and fats...

First Virtual POTS Digital 2021 Garners International Praise

Malaysian Palm Oil Council (MPOC) organized its first ever, virtual conference, Palm Oil Trade Fair & Seminar (POTS Digital 2021), from January 5 – 8, 2021. The Palm Oil Trade Fair & Seminar (POTS) flagship programme of MPOC was launched in 2006 with an objective to enhance the development a...

China’s Vegetable Oil Outlook and Palm Oil Situation

The rapid development of China’s economy and its implication on people’s living standards has been a catalyst in the growing consumption of edible vegetable oils. According to the China Bureau of Statistics, the per capita edible vegetable oil consumption has increased from 7.7 kg in 1996 to 9.8 kg ...

Outlook for Malaysian Palm Oil Exports to Asia Pacific Region (excluding China) in 2020

The Asia Pacific is one of the vibrant economic regions in the world. In 2019, the total GDP value of Asia Pacific was USD 11.55 trillion which is contributed about 13.2% to the global GDP value. The Asia Pacific includes several emerging countries like Indonesia, Malaysia, the Philippines, South Ko...

Overview and Outlook of Malaysian Palm Oil Exports to Europe

Table 1: A Review on MPO Export Performance (MT) No. COUNTRY Jan – Nov 2020 Jan – Nov 2019 Diff (Vol) Diff (%) Jan – Dec 2019   Netherlands 994,584 819,168 175,415 21.41 880,728   Italy 415,187 452,816 (37,629) (8.31) 476,279   Spain 179,768 448,926 (269,157) (59.96) 486,658 &nb...

Outlook for Palm Oil Demand in the Subcontinent Region – Q4 2020

The countries in the subcontinent region are important export destinations for Malaysian palm oil. During Jan-Nov 2020 period, MPO exports to this region recorded 3.68 million MT against 5.65 million MT which was registered during the same period of last year (refer to Table 1). Table 1: Malaysian P...

Sub-Saharan Africa Poised to Have Largest Increase of MPO Import Volume in 2020

Based on the latest import data available until November 2020, the countries in the Sub-Saharan Africa region are poised to have the largest increase in MPO import volume this year. If the import trend continues towards the end of the year, the region will register around 2.62 – 2.66 million M...

Malaysian Palm Oil Import Performance in Saudi Arabia in 2020

Over the past 5 years, Malaysian palm oil exports to Saudi Arabia was on the upward trends except for the year 2019 when imports started to move downward, due to aggressive selling and more competitive price offered by Indonesian suppliers. However, imports of palm oil have picked up again this year...

MPO Exports to Algeria in 2020 – Performance and Update

Introduction Algeria is a net importer of oil and fats, and it will continue to import for the near future as it produces only around 100,000 MT or 9.6% of its requirements of 1 million MT per annum. The oils produced are mainly olive oil, followed by soybean then sunflower. Local supplies are met p...

Malaysian Palm Oil Growth in Ghana

Ghana, a west African country, is the second largest palm oil producing country within Sub-Saharan Africa. On an average, in the last 3 years, Ghana produced about 537,000 MT of palm oil every year. Last year, Ghana produced 560,000 MT of palm oil. With growing population over time, oils and fats co...

1 2 3 17

Stay In Touch

Stay In Touch