Market Highlights

Market Highlights

Trialogue Negotiations on the Deforestation-Free Products Regulation

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, a...

The 2022 Sustainable Palm Oil Dialogue – a recap

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...

Specialty Fats’ Potential in the Maghreb Region

The Maghreb region comprises Algeria, Morocco, Mauritania, Libya and Tunisia. This region is home to more than 100 million people. Among the countries in this region, Algeria, Morocco and Tunisia are the most developed nations in the region as well as on the African continent. The mainstay of the re...

Cooking Oils and Fats Market Segmentation in South America

Market Snapshot South America is one of the key global producers of edible oils. Indeed, a significant number of its exports are integral to the continent’s production, from foodstuffs to raw materials. South American countries, particularly Brazil are major exporters of soybean while Argentin...

Palm Applications in Russia: Potential in the Animal Feed Industry

The Russian Cattle Industry In 2021, the cattle population in Russia amounted to 17.65 million, a decline by 35.5% as compared to its 2021population. The decline was caused by, among other reasons, the high costs of cattle production, vastly attributed to the sourcing of its feed. Since 2014, Russia...

Europe’s Deadliest Winter Looms Near

When overdependence on Russia bites the collective back of European nations The leaders of the European Union (EU) nations have been busy addressing an impending disaster, one that they are scrambling to avoid, with winter just several weeks away. The ongoing energy crisis in Europe is a grave one, ...

Malaysian Certified Sustainable Palm Oil Product Potential in the Middle East

The Middle East region, with a population of more than 330 million and an upward trend in consumption, used 2.35 million tonnes of palm oil in 2021 and has been showing signs as a potential Malaysian palm oil (MPO) market and re-export point from which it could be sold to its neighbouring countries....

Pakistan’s Evolving Growth of Processed Food Industry – An Opportunity for Malaysian Palm Oil

The food processing industry in Pakistan is considered one of the most promising sectors not only for domestic industrial development, but also for export growth. Driven by an expanding urban middle class with rising disposable incomes, sales of packaged food in Pakistan have surged in recent years....

Towards the RED III: A failed reform and unpleasant surprise for palm oil as a biofuel feedstock?

The EU is currently reviewing the current iteration of the EU’s Renewable Energy Directive, known as the RED II, in view of the EU having increased its ambitions regarding the greenhouse gas (GHG) emissions reduction target for 2030 and the EU’s path to climate neutrality. On 16 July 2021, the Europ...

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’ ...

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