Market Highlights

Market Highlights

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 Philippines’ Foodservice Industry

The Philippines has been one of the most dynamic economies in the East Asia Pacific region. Average annual growth increased to 6.4% between 2010-2019 from an average of 4.5% between 2000-2009. With increasing urbanization, a growing middle class, and a large and young population, the Philippines’ ec...

Opportunities for Palm Oil in Saudi Arabia’s Horeca Sector

Background Saudi Arabia’s HORECA has been experiencing rapid socio-cultural changes over the past two years, mainly due to the major diversification of the economy initiated by the Kingdom to remove its dependencies on crude oil. Tourism is among various new sectors being focused for economic ...

Oil On the Boil – Causing Huge Volatility, India

The year 2022, has been a year with a difference. Coming out of the shadow of Covid-19, we stepped into the new year with trepidation but hoping for a new dawn. Let us see how the edible oil scene has played out in the first six months of the calendar year. The first half year […]

Algerian Confectionery Sector; A Promising Market for Malaysian Palm-Based Fats

1. Introduction Algeria is a leading market with a population reaching over 44 million. Located in Northern Africa, it is positioned at the point of convergence of three worlds: Mediterranean, Arabic, and African, Algeria holds a strategic geographical position. Led by the oil and gas sector, the Al...

Growth in the Halal Market Segment in the United States and Opportunities for Palm Oil

Halal food can be described as food items and beverages that are strictly prepared according to the guidelines interpreted by Islamic dietary law. The growing concern regarding food safety, hygiene, and reliability, coupled with the increasing global population and the growing disposable income of t...

Oleochemicals Market Opportunities in Turkey

İntroduction “Oleochemicals” refer to chemicals derived from natural oils and fats of both plant and animal origin. Often, activated carbon is used for purifying, decolorizing, and deodorizing the fatty acids and derived chemicals. They are biodegradable and exhibit low toxicity, thus, considered to...

Growing Opportunities for Malaysian Palm Oil in China Bakery Market

1.0       Introduction China’s bakery industry has a relatively short development history, and bakery products are mainly used as desserts and snacks in China. Hence, there is still a large consumption gap between China and other countries such as Europe and the U...

Bangladesh Oils & Fats Review & Outlook

The prices of global commodities have soared over the past two years which is fueled by variety of factors, including supply shortages, disruption in supply chain, manpower shortages, and increasing energy prices. Prices of major traded edible oils have also increased significantly in the last two y...

Trade Facilitation through the Establishment of Storage and Warehousing Facility in the Selected African Markets.

Egypt, Djibouti, Ethiopia, Somalia, Sudan and South Sudan are among the major markets in Africa, particularly the East Africa.  These six countries have a combined population of about 290 million or 21% of the total Africa population of 1,373 million people (2021 est).  This area has a ver...

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