Monthly Palm Oil Trade Statistics : January – October 2022

  • February 15, 2022
10 months ago
PRODUCT UNIT JAN – OCT 2022 JAN – OCT 2021 CHANGE (MT/RM Mil) CHANGE (%)
CPO Tonnes 2,842,384 3,514,486 (672,102) (19.12)
RM Mil 15,858 15,051 807 5.36
PPO Tonnes 9,890,845 9,162,613 728,232 7.95
RM Mil 57,726 38,952 18,774 48.20
PALM OIL Tonnes 12,733,229 12,677,099 56,130 0.44
RM Mil 73,585 54,004 19,581 36.26
CPKO Tonnes 190,920 260,527 (69,607) (26.72)
RM Mil 1,468 1,438 31 2.13
PPKO Tonnes 633,550 598,852 34,698 5.79
RM Mil 5,673 3,500 2,173 62.08
PALM KERNEL OIL Tonnes 824,470 859,378 (34,908) (4.06)
RM Mil 7,141 4,938 2,203 44.62
PALM KERNEL CAKE Tonnes 1,741,955 1,882,160 (140,205) (7.45)
RM Mil 1,378 1,210 168 13.89
OLEOCHEMICALS Tonnes 2,275,190 2,395,278 (120,088) (5.01)
RM Mil 19,826 13,964 5,862 41.98
FINISHED PRODUCTS Tonnes 458,277 465,813 (7,536) (1.62)
RM Mil 3,669 2,752 917 33.33
BIODIESEL Tonnes 273,724 293,771 (20,047) (6.82)
RM Mil 1,856 1,477 379 25.66
OTHERS Tonnes 1,834,130 1,220,036 614,094 50.33
RM Mil 3,295 2,058 1,237 60.09
TOTAL Tonnes 20,140,975 19,793,534 347,441 1.76
RM Mil 110,749 80,403 30,347 37.74
Exports Imports
2022 2021 2022 2021
Jan 1,159,826 947,392 70,596 165,258
Feb 1,111,826 900,558 149,833 87,326
Mar 1,281,461 1,189,859 84,871 137,332
Apr 1,068,238 1,350,777 76,395 109,847
May 1,369,714 1,268,424 50,768 89,014
Jun 1,193,917 1,418,494 59,195 113,126
Jul 1,325,342 1,402,315 130,615 54,381
Aug 1,299,930 1,167,188 145,452 91,408
Sep 1,423,195 1,611,518 132,303 74,992
Oct 1,503,779 1,420,574 66,349 50,450
Nov   1,465,518   97,092
Dec   1,414,566   102,768
Jan-Dec   15,557,183   1,172,994
COUNTRY JAN – OCT 2022 JAN – OCT 2021 CHANGE (MT) CHANGE (%) JAN – DEC 2021
INDIA 2,285,161 2,802,857 (517,696) (18.47) 3,592,811
CHINA 1,370,813 1,523,652 (152,839) (10.03) 1,872,865
TURKIYE 707,030 573,551 133,479 23.27 703,588
NETHERLANDS 663,568 777,246 (113,678) (14.63) 989,967
KENYA 625,371 494,136 131,235 26.56 672,715
PHILIPPINES 563,269 493,064 70,205 14.24 579,752
JAPAN 448,024 349,074 98,950 28.35 421,193
SAUDI ARABIA 442,929 260,574 182,355 69.98 316,947
PAKISTAN 427,403 536,036 (108,633) (20.27) 609,807
IRAN 389,630 357,984 31,646 8.84 404,320
TOTAL 7,923,198 8,168,174 (244,976) (3.00) 10,163,965
Production End-Stocks
2022 2021 2022 2021
Jan 1,253,577 1,126,457 1,551,151 1,324,639
Feb 1,137,460 1,108,236 1,518,238 1,306,022
Mar 1,411,215 1,423,483 1,472,843 1,443,916
Apr 1,462,050 1,528,121 1,642,813 1,545,905
May 1,462,050 1,571,525 1,521,826 1,569,418
Jun 1,545,103 1,606,187 1,645,830 1,614,226
Jul 1,573,560 1,527,450 1,772,804 1,498,269
Aug 1,725,781 1,710,356 2,094,672 1,877,773
Sep 1,770,441 1,703,740 2,317,020 1,756,404
Oct 1,813,591 1,725,837 2,403,719 1,834,568
Nov   1,634,932   1,817,061
Dec   1,450,905   1,583,040
*Jan-Dec   1,509,769   1,597,603
* Jan – Dec Average
CPO Local Prices
2022 2021
Jan 5,355 3,749
Feb 5,931 3,896
Mar 6,867 4,042
Apr 6,678 4,220
May 6,873 4,572
Jun 6,106 3,831
Jul 4,063 4,129
Aug 4,169 4,555
Sep 3,737 4,556
Oct 3,682 5,051
Nov   5,341
Dec   5,070
*Jan-Dec   4,418
* Jan – Dec Average Note: Average for Peninsular Malaysia 
COUNTRY JAN – OCT 2022 JAN – OCT 2021 CHANGE (MT) CHANGE (%) JAN – DEC 2021
AFGHANISTAN 167,309 97,026 70,283 72.44 114,549
ALBANIA 754 184 570 309.78 208
ALGERIA 16,618 20,049 (3,431) (17.11) 25,657
AMERICAN SAMOA 56 0 56 #N/A #N/A
ANGOLA 113,772 83,658 30,114 36.00 95,612
ANTIGUA 155 132 23 17.42 132
ARGENTINA 2,220 2,840 (620) (21.83) 2,998
AUSTRALIA 102,246 100,820 1,426 1.41 127,887
AUSTRIA 159 0 159 #N/A #N/A
BAHRAIN 4,925 4,757 168 3.53 5,726
BANGLADESH 197,331 78,960 118,371 149.91 91,386
BARBADOS 643 185 458 247.57 230
BELGIUM 2,681 6,202 (3,521) (56.77) 6,937
BENIN 72,239 37,565 34,674 92.30 44,956
BOSNIA AND HERZEGOVINA 24 24 – – 24
BRAZIL 7,164 5,799 1,365 23.54 8,546
BRUNEI 6,846 6,295 551 8.75 7,103
BULGARIA 1,374 1,178 196 16.64 1,178
BULKINA FASO 1,329 0 1,329 #N/A #N/A
CAMBODIA 1,545 1,314 231 17.58 1,671
CAMEROON 8,071 8,661 (590) (6.81) 16,923
CANADA 9,573 10,801 (1,228) (11.37) 13,212
CENTRAL AFRICAN REPUBLIC 93 179 (86) (48.04) 179
CHILE 2,462 2,186 276 12.63 2,636
CHINA 1,370,813 1,523,652 (152,839) (10.03) 1,872,865
COLOMBIA 68 87 (19) (21.84) 87
COMOROS 1,992 647 1,345 207.88 933
CONGO, DEMOCRATIC REP. OF THE 29,085 19,903 9,182 46.13 25,997
COTE D’IVOIRE 20,312 37,738 (17,426) (46.18) 39,215
CROATIA 8,712 8,715 (3) (0.03) 9,734
CUBA 190 143 47 32.87 262
CZECH 95 0 95 #N/A #N/A
DENMARK 28,072 46,726 (18,654) (39.92) 53,382
DJIBOUTI 187,166 152,793 34,373 22.50 162,890
DOMINICA 692 3,030 (2,338) (77.16) 3,081
ECUADOR 4,960 0 4,960 #N/A #N/A
EGYPT 306,081 171,977 134,104 77.98 219,719
ERITREA 2,292 1,948 344 17.66 2,073
ESTONIA 2,501 0 2,501 #N/A #N/A
ETHIOPIA 6,363 10,680 (4,317) (40.42) 12,056
FIJI 3,092 2,673 419 15.68 3,018
FRANCE 1,338 149 1,189 797.99 184
FRENCH POLYNESIA 40 0 40 #N/A #N/A
GABON 1,027 2,502 (1,475) (58.95) 2,919
GAMBIA 10,732 11,956 (1,224) (10.24) 12,322
GEORGIA 1,829 17,950 (16,121) (89.81) 19,725
GERMANY 25,386 17,100 8,286 48.46 21,159
GHANA 58,212 203,282 (145,070) (71.36) 216,808
GREECE 10,140 40,061 (29,921) (74.69) 42,315
GRENADA 38 79 (41) (51.90) 97
GUATEMALA 1,142 11,733 (10,591) (90.27) 11,950
GUINEA 17,911 17,712 199 1.12 18,439
GUYANA 1,021 1,939 (918) (47.34) 2,084
HAITI 2,084 2,068 16 0.77 2,092
HONG KONG 2,544 11,926 (9,382) (78.67) 12,501
HUNGARY 1,228 0 1,228 #N/A #N/A
INDIA 2,285,161 2,802,857 (517,696) (18.47) 3,592,811
INDONESIA 1,673 2,496 (823) (32.97) 2,749
IRAN 389,630 357,984 31,646 8.84 404,320
IRAQ 35,574 9,202 26,372 286.59 9,920
ITALY 216,574 262,912 (46,338) (17.62) 308,127
JAMAICA 1,013 1,120 (107) (9.55) 1,228
JAPAN 448,024 349,074 98,950 28.35 421,193
JORDAN 28,299 29,779 (1,480) (4.97) 34,271
KAZAKHSTAN 19,180 9,045 10,135 112.05 9,322
KENYA 625,371 494,136 131,235 26.56 672,715
KIRIBATI 305 39 266 682.05 39
KUWAIT 21,597 19,345 2,252 11.64 24,479
KYRGYZSTAN 554 730 (176) (24.11) 730
LAOS 21 133 (112) (84.21) 154
LATVIA 1,238 73 1,165 1,595.89 73
LEBANON 5,026 4,626 400 8.65 4,999
LIBERIA 3,276 1,019 2,257 221.49 1,019
LIBYA 649 522 127 24.33 522
LITHUANIA 0 60 (60) (100.00) 60
MACAU 0 20 (20) (100.00) 20
MACEDONIA 129 173 (44) (25.43) 337
MADAGASCAR 62,096 85,093 (22,997) (27.03) 95,505
MALDIVES 6,416 4,526 1,890 41.76 6,149
MALTA 56 0 56 #N/A #N/A
MARSHALL ISLAND 102 30 72 240.00 30
MAURITANIA 36,413 35,531 882 2.48 42,930
MAURITIUS 2,197 1,956 241 12.32 2,467
MAYOTTE 0 16 (16) (100.00) 16
MEXICO 6,157 6,101 56 0.92 6,711
MICRONESIA FEDERATION 136 21 115 547.62 21
MOLDOVA 19 22 (3) (13.64) 22
MONGOLIA 1,750 808 942 116.58 940
MONTENEGRO 191 259 (68) (26.25) 259
MOROCCO 648 3,775 (3,127) (82.83) 3,970
MOZAMBIQUE 187,005 229,757 (42,752) (18.61) 282,477
MYANMAR 41,025 22,355 18,670 83.52 24,719
NAMIBIA 221 608 (387) (63.65) 681
NEPAL 8,179 2,487 5,692 228.87 2,789
NETHERLANDS 663,568 777,246 (113,678) (14.63) 989,967
NEW CALEDONIA 81 49 32 65.31 49
NEW ZEALAND 22,278 19,244 3,034 15.77 23,998
NIGER 3,119 1,041 2,078 199.62 1,041
NIGERIA 171,011 262,065 (91,054) (34.74) 309,911
NORTH KOREA 0 23 (23) (100.00) 23
NORWAY 47 47 – – 70
OMAN 85,176 58,713 26,463 45.07 61,091
PAKISTAN 427,403 536,036 (108,633) (20.27) 609,807
PALAU 39 36 3 8.33 36
PALESTINE 22 180 (158) (87.78) 180
PANAMA 836 880 (44) (5.00) 973
PAPUA N GUINEA 28,747 16,773 11,974 71.39 23,233
PARAGUAY 23 4 19 475.00 4
PERU 179 269 (90) (33.46) 403
PHILIPPINES 563,269 493,064 70,205 14.24 579,752
POLAND 492 47 445 946.81 47
PORTUGAL 318 170 148 87.06 175
QATAR 27,149 20,622 6,527 31.65 26,881
REUNION 47 54 (7) (12.96) 54
ROMANIA 3,064 2,928 136 4.64 3,083
RUSSIA 5,726 12,989 (7,263) (55.92) 13,158
SAINT KITTS AND NEVIS 17 0 17 #N/A #N/A
SAMOA 765 57 708 1,242.11 57
SAO TOME & PRINCIPE 82 202 (120) (59.41) 303
SAUDI ARABIA 442,929 260,574 182,355 69.98 316,947
SENEGAL 60,869 42,908 17,961 41.86 46,730
SERBIA 23 412 (389) (94.42) 412
SERBIA AND MONTENEGRO 414 88 326 370.45 88
SEYCHELLES 481 233 248 106.44 418
SIERRA LEONE 992 4,117 (3,125) (75.90) 4,117
SINGAPORE 178,533 161,731 16,802 10.39 209,487
SLOVAKIA, REP. 37 0 37 #N/A #N/A
SOLOMON ISLAND 255 83 172 207.23 83
SOMALIA 52,456 48,809 3,647 7.47 54,413
SOUTH AFRICA 115,727 118,859 (3,132) (2.64) 129,677
SOUTH KOREA 343,787 279,671 64,116 22.93 347,522
SPAIN 137,307 66,629 70,678 106.08 93,840
SRI LANKA 17,298 60,692 (43,394) (71.50) 69,709
ST. LUCIA 25 147 (122) (82.99) 147
ST. VINCENT AND THE GRENADINES 54 86 (32) (37.21) 86
SUDAN 12,054 7,695 4,359 56.65 7,695
SURINAME 165 451 (286) (63.41) 494
SWEDEN 101,423 89,233 12,190 13.66 110,054
SWITZERLAND 5,302 1,380 3,922 284.20 1,380
SYRIA 33,662 24,082 9,580 39.78 26,532
TAIWAN 176,068 179,100 (3,032) (1.69) 216,979
TAJIKISTAN 119 316 (197) (62.34) 316
TANZANIA 188,015 153,470 34,545 22.51 204,085
TIMOR-LESTE 1,065 0 1,065 #N/A #N/A
TOBAGO 0 87 (87) (100.00) 87
TOGO 98,528 118,060 (19,532) (16.54) 136,536
TONGA 97 43 54 125.58 43
TRINIDAD 8,485 6,478 2,007 30.98 7,711
TUNISIA 106 171 (65) (38.01) 859
TURKIYE 707,030 573,551 133,479 23.27 703,588
TURKMENISTAN 455 136 319 234.56 182
TUVALU 19 0 19 #N/A #N/A
U.A.E 293,901 118,049 175,852 148.97 134,772
U.S.A 140,166 230,349 (90,183) (39.15) 268,625
UGANDA 253 840 (587) (69.88) 961
UKRAINE 9,219 24,501 (15,282) (62.37) 36,681
UNITED KINGDOM 13,615 11,152 2,463 22.09 15,677
URUGUAY 173 224 (51) (22.77) 330
UZBEKISTAN 10,589 4,019 6,570 163.47 4,062
VANUATU 357 208 149 71.63 262
VENEZUELA 23 50 (27) (54.00) 357
VIETNAM 262,761 255,389 7,372 2.89 346,636
YEMEN ARAB REP. 26,060 86,066 (60,006) (69.72) 99,994
ZAMBIA 48 0 48 #N/A #N/A
ZIMBABWE 24 0 24 #N/A #N/A
OTHERS 26,149 17,552 8,597 48.98 19,756
TOTAL 12,733,229 12,677,100 56,129 0.44 15,557,184

Source : MPOB

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