Market Highlights

Market Highlights

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...

Change in Composition of Palm Oil Products Imported by China

Introduction According to statistics released by Chinese Customs, China’s import of palm oil in 2021 recorded a marginal drop of 1.3% or 84,400 MT against the previous year.  The drop didn’t come as a surprise despite the Y-o-Y growth of 23.6% recorded in the first 6 months of 2021,...

Ukraine, war, and global oils & fats markets

This article provides a brief overview of Russia’s attack on Europe’s breadbasket for agricultural markets in general and oils & fats in particular. From breadbasket to a disaster zone The main facts about the Ukrainian agricultural sector, according to the U.S. Department of Agricul...

Impact of Global Prices on Indian Vegoils Imports

To cater to the consumption demands of edible oil, India is constrained to import. Two thirds of the demand is met by imports. Palm oil accounts for around 60-65% of the total imports. Though India’s edible oil imports fell and domestic availability increased during the financial year 2020-21, the i...

The Russia-Ukraine War Impact on Egypt’s Food Supply; Emphasis on Oils and Fats

1.  Economic effects of the Russia-Ukraine war on Egypt Though the risk to Egypt’s economy is severe, the country is in a much stronger financial position. In the first half of the fiscal year 2021-22, Egypt’s economy grew by 9% and growth is projected to exceed 6% for the entire fi...

Russia-Ukraine Conflict and its Impact on the Regional Edible Oil Market

“I saw that you could not separate the idea of commerce from the idea of war and peace.  You could not have a serious war anywhere in the world and expect commerce to go on as before.   And I saw that wars were often caused by economic rivalry.  I thereupon came to believe ...

Sub-Saharan Africa: Oils & Fats Situation 2021 & 2022 Forecast

Overview of oils and fats situation in SSA Sub-Saharan Africa is a commodity driven economy with agricultural products, minerals, natural gas, including automotive manufacturing, and financial services. With 1.14 billion population and continuous growth, this region is a net importer of oils and fat...

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...

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