Market Highlights

Market Highlights

Palm oil Ukraine: Likelihood of a ban and possible impacts on regional trade

Moving towards expanding trade relations with the European Union, Ukraine continues to bring its own legislation in line with European norms. Will harmonization of Ukrainian legislation lead to an “accidental” ban on palm oil? Ukraine is located in  a strategic position in East Cent...

Soybean Imports Trend and in China and its Impact on Palm Oil

Introduction The Y-o-Y growth of soybean import in China has moved from positive to negative in 2021, as the Jan-Oct period import of soybean dropped by 4.9% against the positive growth of 8.7% recorded in 1H2021 (Tables 1 & 2).  This is a surprising development as it was widely anticipated...

Current and Future Outlook of MPO Export to Turkey

Oils and Fats Market Overview The growing demand for vegetable oils by the food manufacturing sector has been triggered by population growth caused mainly by  refugees and foreign tourists arrivals prompting the oils & fats consumption to grow from 2.730 million tonnes in 2017 to 3.024 mill...

MPO Exports to Sub-Saharan Africa Anticipated to Post Strong Numbers in 2022

Malaysian palm oil exports to Sub-Saharan will experience a significant rebound in 2022 after a modest decline recorded this year, but this recovery will be asymmetrical between the region’s countries, in a context of uncertainty due to the setback emanating from the COVID-19 pandemic. From a global...

Soybean Imports Trend and in China and its Impact on Palm Oil

Introduction The Y-o-Y growth of soybean import in China has moved from positive to negative in 2021, as the Jan-Oct period import of soybean dropped by 4.9% against the positive growth of 8.7% recorded in 1H2021 (Tables 1 & 2).  This is a surprising development as it was widely anticipated...

Resurgence of Malaysian Palm Oil in India

The New Year began with hope, as India was slowly getting back on its feet from the economic havoc caused by COVID-19 last year. The initial months of 2021 witnessed economic growth and development but a rapid surge in COVID-19 cases in the second quarter led to a second wave. No strict lockdowns we...

Current Disruptions in Sudan and Its Implications on Palm Oil Imports

1. The Latest Political Situation in Sudan 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 detainin...

Growth Prospects for Malaysian Palm Oil in Vietnam’s Food Service Sector

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,...

Palm Oil for Food Industries and its Potential in Turkey

1. Introduction 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 Ist...

The Growing Demand in Oleochemicals in the US Beauty & Personal Care Market

The United States (US) is one of the most lucrative beauty and personal care market in the world, along with the EU, UK, and Russian markets. This sector is expected to grow annually by 4.06% based on 2021-2025 CAGR. The Beauty & Personal Care market is defined as consumer goods for cosmetics an...

Stay In Touch

Stay In Touch