Market Highlights
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...
Vietnam’s Bakery and Confectionery Sector: Opportunity for Malaysian Palm Oil
Background Vietnam is one of the important markets for palm oil in the ASEAN region. In 2020, Vietnam palm oil consumption almost reach a million MT. The demand for palm oil in Vietnam is expected to show an upward trend in the future with food industries and HORECA are the major consumers. One of t...
The Development and Prospect of Oleochemicals Industry in the US
Global Oleochemicals Market Chemicals derived from fats and oils are generally known as oleochemicals, including fatty acids, fatty esters, fatty alcohols, glycerin and all of their derivatives. Specialty oleochemicals are used for specific applications in various industries including cosmetics, ind...
Indian Food Processing – a Sunrise Investment Sector
India’s ties with Malaysia have been documented for over two thousand years. The regular exchanges between the people of the two countries over the centuries have seen a sizeable proportion of people of Indian origin making their mark in Malaysia. As the dust of the turmoil of post-World War II sett...
Palm oil in opportunities in Poland – Looking into non-food
Poland has developed into one of the most stable country from the former Eastern Bloc countries. The country has also seen tremendous growth both in the political and economic aspects since 1989, when its first free elections were held. With a population of close to 40 million and the GDP at purchas...
PKC Market in the Middle East
Palm Kernel Cake is the third largest component of palm oil products imported by the Middle East. It account for almost 10% of the total palm oil and palm products imports by the region. The volume represent about 9% of the total Malaysian PKC exported worldwide and it was valued at US$3...
China’s Growing Bakery Sector – Opportunities For Palm Based Fats
China’s population stood at 1.4 billion in 2020. With the large population size demand for bakery products is huge. In 2020, China consumed close to USD50 billion worth of bakery products. There is potential for the consumption of bakery products to grow attributed to the country’s rising middle cla...
Bangladesh Food Industry – Continuous Growth and Growing Potential for Palm Oil Consumption
Bangladesh has emerged as one of the economic powers in South Asia. According to October 2020 report by International Monetary Fund (IMF), the country has overtaken India in terms of per capita GDP scoring US$ 1,888. Just five years ago, India’s per capita GDP was around 40% higher than Bangladesh. ...
Current Status and Development Trends of Animal Feed Industry in China
Overview of Global Animal Feed Industry As the population grows and life quality improves, meat consumption has been witnessing a steady increase. The global animal feed production is also expected to continue to maintain the upward trend to cater to the demand. Growing concerns for healthy foods am...
Fuzzy numbers: are German palm oil imports falling or rising?
The statistics published by industry analyst Oil World ISTA Mielke GmbH (headquartered in Germany) show palm oil imports into Germany to have dropped drastically over the past five years. That contrasts with overall exports of the commodity to the European Union (EU) and thus begs the question: what...
