Market Highlights
Implications of ‘No Palm Oil’ labelling towards local palm oil industry
Food labels provide consumers with relevant information such as nutritional composition, origin, serving suggestion, and precautionary measures, among others. However, there are also labels that are merely a part of a marketing scheme to confuse consumers. For example, the use of “free-from” labels ...
The Food Processing Industry in Bangladesh
Industry and Market Overview The food processing industry in Bangladesh has been growing steadily with the pace of economic growth. Even in times of global economic uncertainty, Bangladesh has proven to have a strong track record of growth and development according to the World Bank. Although the su...
Unlocking Opportunities: Analyzing the Potential of the Tanzanian Market
Tanzania is located in the east of the African continent, bordering Kenya, Uganda, Rwanda, Burundi, DRC, Zambia, Malawi, and Mozambique. It is home to 65 million people and has the fifth largest population of the African continent. It is the second largest economy in East Africa, and the seven...
Palm oil imports to China poised to increase following the Government’s lifting of Covid-19 protocols
China has lifted its strict Covid rules in an apparent attempt to alleviate economic pressures and cool escalating discontent. Among the measures it has scrapped is the use of its primary Covid tracking app, while domestic travel restrictions have been lifted. The government has allowed people with ...
Saudi Arabia: Palm Oil Market – Trends and Updates
Background The Kingdom of Saudi Arabia has been experiencing an incredible transformation in the span of a single generation. It aims to progress at a more advanced pace in the process of implementing comprehensive structural reforms by executing strategies, programmes, and projects that drive susta...
Growth Trends in the Brazilian Oils and Fats Market
Domestic Oils and Fats Industry and Cultivation The key segments in Brazilian cooking oils market are soybean oil, olive oil, corn oil, and sunflower oil. The whole cooking oils market in Brazil was valued at BRL14,332 million in 2022 (GlobalData). According to GlobalData, the market is projected to...
Tapping Into the Beauty Segment of Sweden with Palm-Based Oleochemicals
Abstract Malaysia, as the second biggest producer of palm oil in the world, aspires to increase its export of high-value-added products. For the year 2022, palm-based oleochemicals from Malaysia constituted 11% of total exports. This article aims to provide a deep dive into the potential of palm-bas...
Post-Covid-19 S&D Outlook for Oils & Fats in China
Brighter Market Prospects for Palm Oil in 2023 Significant Drop in Palm Oil Import The news of China’s gradual relaxation of its Covid-19 preventive measures since December 2022 was surely something that had been anticipated by many, especially by businesses which had been gearing up to visit China ...
Iran 2023 – Oils and Fats Demand and Malaysian Palm Oil Export Opportunities
Iran oils and fats market Iran is an important export market that is ranked as the second biggest oils and fats consuming country, after Turkiye, in the Middle East region. In 2021, Iran consumed 2.17 million MT of oils and fats, and is estimated to surpass 2.2 million in 2022. The consumption per c...
Strategising Export – Learning the Trade Landscape of Uzbekistan
In the middle of the second century BC, the Great Silk Road passed through the territories of modern Uzbekistan. Large trade cities such as Samarkand, Bukhara, and Tashkent appeared and grew along this route. Today, Uzbekistan is the geographic and population centre of Central Asia. After independen...
