Market Highlights

Market Highlights

Growth Potential of Palm Oil in the Philippine Foodservice Industry

The Philippines has been one of the most dynamic economies in the East Asia Pacific region. The average annual growth rose to 6.4% between 2010-2019, from an average of 4.5% between 2000-2009. Due to increasing urbanisation, a growing middle class, and a large and young population, the Philippines’ ...

Opportunities for Palm Oil in Saudi Arabia’s Horeca Sector

Background Saudi Arabia’s hotel, restaurant and catering sector (HORECA) has been experiencing rapid socio-cultural changes over the past two years, mainly due to the Kingdom’s major effort to diversify its economy, in order to end its dependence on crude oil. Tourism is among the various new sector...

Oil On the Boil – Causing Huge Volatility, India

The year 2022 has been a year of difference. Coming out of COVID-19’s shadow, we stepped into the new year with trepidation but hoping for a new dawn. Let us see how the edible oil scene has played out in the first six months of the calendar year. The first half of 2022 has seen […]

Algerian Confectionery Sector; A Promising Market for Malaysian Palm-Based Fats

1. Introduction Algeria is a leading market with a population of over 44 million. Located in Northern Africa, it is positioned at the point of convergence of three worlds: the Mediterranean, Arabia, and Africa, which allows Algeria to hold a strategic geographical position. Led by the oil and gas se...

Growth in the Halal Market Segment in the United States and Opportunities for Palm Oil

Halal food can be described as food items and beverages that are strictly prepared according to the guidelines interpreted by Islamic dietary laws. The growing concern regarding food safety, hygiene, and reliability, coupled with the increasing global population and the growing disposable income of ...

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...

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