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Recent Improvements on Infrastructure has Eased the Movement of Goods in East Africa
Africa in the past decade has become the choice of many international investors. The continent’s extensive number of natural resources, strong population growth, young and increasingly educated workforce, more stability in terms of governance in recent years, and more prospects for economic growth h...
Sub-Saharan Africa: Oils & Fats Situation 2021 & 2022 Forecast
Overview of oils and fats situation in SSA Sub-Saharan Africa is a commodity driven economy with agricultural products, minerals, natural gas, including automotive manufacturing, and financial services. With 1.14 billion population and continuous growth, this region is a net importer of oils and fat...
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...
Malaysian Palm-Based Products Potential in Confectionery and Bakery Market in Egypt
Market Outline Egypt remains the largest consumer market and most diversified economy in the Arab world, and the coming years. Consequently, it is expected that the confectionery and bakery sectors will remain stable, as it is dominated by local producers as Edita and Rich Bake that provide high-qua...
Potential for Malaysian Palm Oil in Sub-Saharan Africa Emerging Markets
Sub-Saharan Africa consists of 46 countries and more than 1 billion population. According to the MPOB data, there are 43 importing countries and territories of Malaysian palm oil from the region. Market conditions and requirements vary between countries in the region but the two major factors that d...
Infographic – Market Update & Opportunities in Sub Saharan Africa
Read the market highlights articles related to the infographic above by clicking the title below Infographic – Market Update & Opportunities in Sub Saharan Africa Read the market highlights articles related to the infographic above by clicking the title below The Importance of CPO Exports...
The Importance of CPO Exports in the Sub-Saharan Africa’s Overall Palm Oil Market
In 2020 Malaysian palm oil exports performance to the Sub-Saharan Africa region showed a tremendous improvement with a 34.09% jump in export volume from 2.015 million MT to 2.702 million MT. In terms of value, this represents a 60.2% increase from RM4.938 billion registered in 2019 to RM7.909 in 202...
Trade agreements to boost Malaysian palm oil in Sub-Saharan Africa
Good majority of the countries in Sub-Saharan Africa is located around the equator, which makes the climate ideal for palm oil production. Nigeria is the largest palm oil producing country in Sub-Saharan Africa with 1.28 Million MT of palm oil production last year. Other countries like Ghana, Cote D...
Would Kenya continue to be a major MPO export destination?
For the past five years, Kenyan palm oil imports had risen by 43.6%, from 694,900 MT in 2016 to an estimated 1 million MT in 2020. From 2016 to 2019, Malaysian palm oil import share stood at 24% on average. However, 2020 saw an exponential increase of Malaysian import share, commanding and est...
Maintaining Malaysian Palm Oil Market Share in Nigeria
Nigeria is Africa’s largest economy but its economy is highly dependent on petroleum and fluctuation in crude oil prices and production cause a major effect on its economy. Petroleum and natural gas sectors account for about 9 percent of the national gross domestic product (GDP), approximately 85 pe...
Joint venture opportunities and challenges in West Africa
Summary of MPO Exports Performance to West Africa 2020 In 2020, it is estimated that West Africa imported a total of 2.65 million MT of palm oil, with Malaysia exported a total 1.15 million MT. MPO exports to the region increased by 29% compared to the previous year at 0.89 million MT. The inc...
Sub-Saharan Africa Poised to Have Largest Increase of MPO Import Volume in 2020
Based on the latest import data available until November 2020, the countries in the Sub-Saharan Africa region are poised to have the largest increase in MPO import volume this year. If the import trend continues towards the end of the year, the region will register around 2.62 – 2.66 million M...
Kenya Transformation to Become the Largest Malaysian Palm Oil Importer in Sub-Saharan Africa
Kenya, with a population of approximately 53.7 million, has become the biggest importer of Malaysian palm oil in the Sub-Saharan Africa region this year. Based on the latest MPOB data, MPO exports to Kenya has risen by a massive 185.6% from just 111,261 MT in Jan-Sep 2019 to 317,726 MT so far this y...
Land grab issues and how it affects foreign investments in Sub-Saharan Africa
Introduction Africa is seen as the next frontier, where abundant land and resources are available. Many investors show particular interest in Sub-Saharan Africa for business opportunities such as in mining, timber, large scale plantations, infrastructure and recreational developments. They show spec...
Sub-Saharan Africa 2nd Half 2020 Malaysian Palm Oil Outlook
Regions Jan-Jul 2020 (MT) Jan-Jul 2019 (MT) Diff. (MT) Diff (%) Jan-Dec 2019 (MT) West Africa 653,728 563,028 90,699 16.11 893,317 East Africa 498,779 309,583 189,196 61.11 680,525 Southern Africa 128,374 148,414 (20,040) (13.50) 216,926 Central Africa 121,361 131,024 (9,663) (7.37) 223,315 Grand To...
Trade Agreement with African Nations to boost Malaysian Market Share in Sub-Saharan Africa
Introduction Trade agreements are an excellent way to strengthen relationship between countries especially on the economic ties which gives each other market access to various products. There are several trade agreements / treaties in place for many years among African countries to encourage A...
Trade Opportunities within North and East Africa through Regional Trade Agreements
There is no direct trade agreement that exists between Malaysia and the major consuming countries in North and East Africa region, however, there are several agreements among the consuming countries in the region that can significantly benefit the Malaysian palm oil industry List of Trade agreements...
Maintaining Malaysian Palm Oil Market Share in Sub-Saharan Africa
With a population of more than 1 billion people, the Sub-Saharan Africa palm oil market has been growing substantially in the last ten years. Despite having local palm oil production, the domestic requirement is greater than the region can supply by its own. In 2019, African countries produced about...
Growth Avenues for Malaysian Palm Oil in Sub-Saharan Africa
Introduction Sub-Saharan Africa has always been a palm oil friendly region with 69% or approximately 7.1 million MT of oils and fats consumption being palm oil. Last year, this region imported a total of 2 million MT of Malaysian palm oil. Though palm oil is locally produced in this region, palm oil...
African Continental Free Trade Area (AfCFTA) & its Impact on Edible Oil Trade
Background The African Continental Free Trade Area (AfCFTA) is a trade agreement encompassing the African continent. An initiative of the African Union (AU), the free trade agreement is set to be the largest in the world, with 54 out of 55 African countries had signed the agreement and as of July 20...
Emerging Markets: Evaluating Sub-Saharan Africa for Palm Oil Potential
Palm Oil Situation in Sub-Saharan Africa Sub-Saharan Africa with 1.08 billion population, is a place with many opportunities for business and development. As the total population increases over the years, the demand for oils and fats also has been increasing. The estimated consumption of palm oil wa...
Can Sub-Saharan Africa Region Import More CPO?
Ever since the Malaysian government abolished tax-free crude palm oil export quota in 2013, Sub-Saharan Africa has become a substantial importer of Malaysian CPO. Before 2013, selected companies that owned refineries in Europe and Asia were given tax-free export quota with total volume ranging from ...
Palm Oil Demand Stable in South Africa Amidst COVID 19
COVID 19 is currently developing in Africa with many countries affected in the region. With the spread of the pandemic, many governments in the region have announced lockdowns in the effort to curb the spread of COVID 19. Economic repercussions and uncertainty were felt across the continent as the d...
Fear of a Downfall in Sub-Saharan Africa’s Demand for Palm Oil Amid COVID-19
COVID-19 Situation Covid-19 pandemic is rapidly developing in Africa with number of countries, number of cases, and number of deaths all on the increase. Though the number of cases hasn’t reached the levels like in other countries such as China, Italy and the USA, studies show that devastating effec...
Impact of Demand and Imports of Palm Oil in West Africa Amidst the Convid-19 Pandemic
The rapid spread of COVID-19 and actions to contain the virus have understandably drawn parallels with previous outbreaks, in particular that of Ebola in West Africa in 2014. As of March 30, the African Union has reported there were just over 4,000 case of Covid-19 in Africa. In West Afr...
