Market Highlights

The HORECA (hotels, restaurants and cafes) sector of Turkey is currently thriving and has been growing rapidly in recent years. Turkey is one of the world’s most popular tourist destinations and is known for its rich history, diverse culture, and exquisite cuisine. The country attracts millions of visitors every year,…

During the Sustainable Palm Oil Dialogue (SPOD) on 20 October 2022, Giacomo Tabacco presented the work of the Earthworm Foundation in the breakout session ‘Innovative ideas: delivering sustainable palm oil now!’ Giacomo is a Landscape Engagement Manager at Earthworm and sees his role at the intersection of business development, fundraising,…

The fourth edition of SPOD, which was held in Amsterdam on 20 October 2022, also featured a sofa interview with the topic ‘Social challenges and market access for smallholders’. This particular event was streamed live to an external audience of several hundred. The nitty-gritty of sustainability Moderated by Ruben Brunsveld,…

A legislative initiative with significant implications On 17 November 2021, the European Commission (Commission) published its Proposal for a Regulation on the making available on the Union market as well as export from the Union of certain commodities and products associated with deforestation and forest degradation (Deforestation-free Products Regulation), as…

In November 2022, the European Parliament and the Council of the EU are adopting the EU’s new Corporate Sustainability Reporting Directive (CSRD), which will significantly enhance and expand sustainability reporting obligations for a broader range of companies. In 2021, the European Commission published its Proposal for the CSRD with the…

On 17 November 2021, the European Commission (Commission) published its Draft Proposal for a Regulation on Deforestation-free products. Under the future Regulation, commodities and products associated with deforestation and forest degradation, likely including wood, cattle, soya, palm oil, coffee, and cocoa, would not be allowed to be placed on the…

After two years of being held solely virtually, on 20 October 2022, the 4th Sustainable Palm Oil Dialogue (SPOD) took place in Amsterdam, Netherlands, as an in-person event again. Following the theme: “Securing Sustainability in Turbulent Times,” it was organised by the following three organisations: RSPO – The Roundtable on…

Sudan is facing a lot of disruptions because of the latest revolution. The country has descended into crisis after the military dissolved the country’s power-sharing Sovereign Council and the transitional government, and temporarily detaining Prime Minister, several articles of the constitution have been suspended, state governors removed, and declared a…

Vietnam’s Foodservice Sector Vietnam is an extremely attractive market for the foodservice sector, with a population of more than 93 million people that is growing in size and purchasing power. The Vietnamese foodservice market is divided into full-service restaurants, cafés and bars, street kiosks, fast food, and eateries that deliver…

Turkey has a population of 83.1 million, with a relatively young and growing population. Nearly 67% of the population is within the age bracket of 15 and 64 years oldmaking Turkey a young and dynamic country. 75.7% of the population is concentrated in urban areas, particularly in Istanbul, Ankara, and…

1.0 Background China’s oleochemicals industry is huge and has a significant share of global production. In 2020, the country produced 1.7 million MT of fatty acid, 307,000 MT of fatty alcohol, 193,000 MT of fatty amines, 724,300 MT of glycerine, and 190,000 MT of soap noodles. Besides these, China also…

The 2nd Edition of MPOC’s Palm Oil Internet Seminar (POINTERS) 18th – 24th October 2021 The second edition of POINTERS by MPOC was held from 18th to 24th of October 2021. A panel of experts in this POINTERS seminar were engaged to provide updated assessments of the global edible oil…

From January to Novemberr 2020, Malaysian palm oil export to the Europe region was recorded at 1.9 million MT. This was a decrease of 123,453 MT or by 6.11% compared to 2.02 million MT recorded in the same period of 2019 (Table 1). On a month to month basis, Malaysian…

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…

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…

Overview of the Nigerian Palm Oil Situation Nigeria is a palm oil-producing country, producing a total of 1.22 million MT in 2019 (Oil World, 2020). It is the fifth-largest palm oil-producing country behind Indonesia, Malaysia, Thailand, and Colombia. With a population of more than 200 million, its total edible oil…

Haiti, the third largest country in the Caribbean has a size of 27,750 square kilometers. With an estimated population of 11.4 million, it is the second most populous country behind Cuba (USDA, 2019). Haiti is not a significant producer of food and agricultural product, it depends on imports to fulfill…

Palm oil in Turkey is expected to drop around 10 percent for 2020 as compared to 2019 as reported earlier to due to negative demand from the food services sector, especially due to the dwindling number of arrivals for tourists and business travellers to Turkey. Jan – Sep 2020 imports…