Market Highlights

Market Highlights

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...

Performance and Outlook of Turkish Vegetable Oil Sector

Turkey is considered to be the gateway between Europe and Asia; it is a Eurasian country located on the Mediterranean, stretching across the Anatolian peninsula in southwest Asia and the Balkan region of southeastern Europe. It is bordered by the Black Sea, the Marmara Sea, the Aegean Sea, and the M...

Egypt Staying Ahead: Window of Opportunity for Greater Malaysian Palm Oil Exports

Country’s Synopses Egypt’s unique geographical location at the crossroads between Africa, Europe, and the Middle East makes it an ideal regional business hub. Egypt is a country packed with potential. With around 110 million inhabitants, it is the highly populous country in the Arab worl...

EU policies setting global benchmarks

The US considers the EU’s deforestation policy as an important benchmark and intends to ban products linked to deforestation. In October 2021, the Forest Act of 2021 Bill was introduced in the US Congress. The Act has the objective to ban products linked to deforestation. Similar to the EU’s Defores...

Connecting Food – can the blockchain revolutionise supply-chain traceability?

Traceability, ideally along the entire supply chain, is one of the key ingredients of sustainable palm oil, but it is only possible through transparency. This is where Connecting Food, a Paris-based technology company, comes in.  What does Connecting Food offer? Maxine Roper, Co-Founder and Managing...

There´s an App for that: How Indonesia is reaching smallholders

The fourth edition of the Sustainable Palm Oil Dialogue (SPOD) took place with the motto: “Securing Sustainability in Turbulent Times”. It was held in Amsterdam on 20 October 2022 and boasted a breakout session, ‘Innovative ideas: delivering sustainable palm oil now!’ among its many events. During t...

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