Market Highlights

Market Highlights

Oleochemicals Market Opportunities in Turkey

İntroduction “Oleochemicals” refer to chemicals derived from natural oils and fats of both plant and animal origin. Often, activated carbon is used for purifying, decolorizing, and deodorizing the fatty acids and derived chemicals. They are biodegradable and exhibit low toxicity, thus, considered to...

Growing Opportunities for Malaysian Palm Oil in China Bakery Market

1.0       Introduction China’s bakery industry has a relatively short development history, and bakery products are mainly used as desserts and snacks in China. Hence, there is still a large consumption gap between China and other countries such as Europe and the U...

Bangladesh Oils & Fats Review & Outlook

The prices of global commodities have soared over the past two years which is fueled by variety of factors, including supply shortages, disruption in supply chain, manpower shortages, and increasing energy prices. Prices of major traded edible oils have also increased significantly in the last two y...

Trade Facilitation through the Establishment of Storage and Warehousing Facility in the Selected African Markets.

Egypt, Djibouti, Ethiopia, Somalia, Sudan and South Sudan are among the major markets in Africa, particularly the East Africa.  These six countries have a combined population of about 290 million or 21% of the total Africa population of 1,373 million people (2021 est).  This area has a ver...

Drought in South America: Implication on Palm Oil Trade by Brazil and Argentina

South America Global Weather Events Known as the South American agricultural powerhouse, Brazil and Argentina crop production in 2022 is expected to greatly affect the global oils and fats market.  Both Brazil and Argentina account for almost 50% of total global soybean supply, with Brazil rank...

Iran as a Malaysian palm oil export destination and transit opportunities

Iran Oils and Fats Scenario Iran’s oils and fats production is only sufficient to cover 30% of the total local consumption, and the country is highly dependent on imports to support local industry and consumption. Local production of oils and fats registered a total volume of 633,000 MT in 2021 whic...

A Case Study for the EU: The Double Bind of Biodiesel Expansion and Food Security Crisis

Introduction Q1 2022 Export Performance of Malaysian Palm Oil Malaysia recorded a promising export performance for Q1 of 2022. The export volume of Malaysian palm oil products reached 3.5 million MT, with an export value of RM19.74 billion. As for the total export of Malaysian palm oil as well as it...

China’s Palm Oil Market Outlook 2022

China’s import of palm oil in the first quarter of 2022 fell sharply by 65.7%, or 971,800 MT to 506,900 MT from 1,478,700 MT in the same period last year.  Major factors which contributed to the decline in imports included Indonesia’s policies to curb domestic palm oil price hikes and the tight glob...

Opportunity for palm oil intake to increase in Turkey

Introduction As the most consumed vegetable oil, sunflower oil is the popular oil in Turkey especially for household consumption and based on statistics is continuing to increase. The higher sunflower oil consumption is mainly due to the increase in population and the lack of affordably-priced alter...

Recent Improvements on Infrastructure has Eased the Movement of Goods in East Africa

Africa in the past decade has become the choice of many international investors. The continent’s extensive number of natural resources, strong population growth, young and increasingly educated workforce, more stability in terms of governance in recent years, and more prospects for economic growth h...

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