Market Highlights

Market Highlights

China’s cosmetic and personal care market – Growth sector for palm-based ingredients

China is the second-largest cosmetic and personal care market in the world after the United States in terms of market value. The market size for China’s cosmetics and personal care industry has been steadily expanding particularly for skincare and cosmetics products. This is primarily driven by the ...

Palm Oil Market Potential in Pakistan Heading Towards 2022

Pakistan is home to the world’s fifth most populous country, with a population exceeding 225.2 million and its middle-class citizens continue to grow. The country’s middle-class section is estimated at around 35% of the total population. The vast population and growing middle-class households have t...

EU-27 Biofuels Outlook – Market trending towards advanced biofuels

2021 in review Since the COVID-19 pandemic shocked the global supply chain in the spring of 2020, Europe was one of the most affected regions in the world. The region took severe beatings as measures to curb the spread of the pandemic took its toll on its economies. A second wave hit the European Un...

The Role Of Malaysian Palm Oil In Food Security for The Organisation Of Islamic Countries (OIC)

With the advent of food technology and the rise in the demand for food, Malaysian palm oil has grown to become a strong component in the global value chain of food industries. Malaysian palm oil is globally used in the food industry as cooking oil, shortening, margarine, and confectionery fats. It c...

Malaysian palm oil market challenges and performance in the U.S. in 2020/21

United States palm oil imports is showing a tapering down of volumes over the past three years. Data published by the research group Index Mundi below shows that palm oil consumption is gradually decreasing, after a robust growth period between 2014 to 2017. Malaysia’s palm oil exports to the United...

Serbia: Palm Oil Market Potential and Outlook 2022

Introduction Serbia is considered a relatively small oils and fats market, with 8.74 million people in 2020 and consuming 20.6 kg per capita of oils and fats, which is around 10 kg below the world average. But what is interesting to share in this article is how competitive palm oil compares to other...

South America: Palm Oil Market Prospect beyond the Global Turbulences

South America’s economy is losing momentum in the aftermath of the pandemic, even as businesses reopen and majority of the population is vaccinated. Lockdowns imposed at the start of the pandemic to curb the spread of the virus has resulted in lower consumption of goods and services, as household in...

Palm oil Ukraine: Likelihood of a ban and possible impacts on regional trade

Moving towards expanding trade relations with the European Union, Ukraine continues to bring its own legislation in line with European norms. Will harmonization of Ukrainian legislation lead to an “accidental” ban on palm oil? Ukraine is located in  a strategic position in East Cent...

Soybean Imports Trend and in China and its Impact on Palm Oil

Introduction The Y-o-Y growth of soybean import in China has moved from positive to negative in 2021, as the Jan-Oct period import of soybean dropped by 4.9% against the positive growth of 8.7% recorded in 1H2021 (Tables 1 & 2).  This is a surprising development as it was widely anticipated...

Current and Future Outlook of MPO Export to Turkey

Oils and Fats Market Overview The growing demand for vegetable oils by the food manufacturing sector has been triggered by population growth caused mainly by  refugees and foreign tourists arrivals prompting the oils & fats consumption to grow from 2.730 million tonnes in 2017 to 3.024 mill...

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