Market Highlights
Overview and Outlook of Malaysian Palm Oil Exports to Europe
Table 1: A Review on MPO Export Performance (MT) No. COUNTRY Jan – Nov 2020 Jan – Nov 2019 Diff (Vol) Diff (%) Jan – Dec 2019 Netherlands 994,584 819,168 175,415 21.41 880,728 Italy 415,187 452,816 (37,629) (8.31) 476,279 Spain 179,768 448,926 (269,157) (59.96) 486,658 &nb...
Outlook for Palm Oil Demand in the Subcontinent Region – Q4 2020
The countries in the subcontinent region are important export destinations for Malaysian palm oil. During Jan-Nov 2020 period, MPO exports to this region recorded 3.68 million MT against 5.65 million MT which was registered during the same period of last year (refer to Table 1). Table 1: Malaysian P...
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...
Malaysian Palm Oil Import Performance in Saudi Arabia in 2020
Over the past 5 years, Malaysian palm oil exports to Saudi Arabia was on the upward trends except for the year 2019 when imports started to move downward, due to aggressive selling and more competitive price offered by Indonesian suppliers. However, imports of palm oil have picked up again this year...
MPO Exports to Algeria in 2020 – Performance and Update
Introduction Algeria is a net importer of oil and fats, and it will continue to import for the near future as it produces only around 100,000 MT or 9.6% of its requirements of 1 million MT per annum. The oils produced are mainly olive oil, followed by soybean then sunflower. Local supplies are met p...
Malaysian Palm Oil Growth in Ghana
Ghana, a west African country, is the second largest palm oil producing country within Sub-Saharan Africa. On an average, in the last 3 years, Ghana produced about 537,000 MT of palm oil every year. Last year, Ghana produced 560,000 MT of palm oil. With growing population over time, oils and fats co...
Review of MPO Export Performance to Nigeria (Jan-Sept 2020)
Overview of the Nigerian Palm Oil Situation Nigeria is a palm oil-producing country, producing a total of 1.22 million MT in 2019 (Oil World, 2020). It is the fifth-largest palm oil-producing country behind Indonesia, Malaysia, Thailand, and Colombia. With a population of more than 200 million, its ...
Malaysia’s Palm Oil Exports To China For 4th Quarter 2020 Is Anticipated To Remain At 2019’s Level
China is one of the biggest markets for palm oil in the world. In 2020, 3 main issues are affecting the palm oil trade in China. Firstly, there is a surge in soybean imports as the hog industry recovers from the African Swine Fever (ASF) outbreak. This recovery encourages more soybean crushing...
Palm Oil Market Chain in Haiti
Haiti, the third largest country in the Caribbean has a size of 27,750 square kilometers. With an estimated population of 11.4 million, it is the second most populous country behind Cuba (USDA, 2019). Haiti is not a significant producer of food and agricultural product, it depends on imports to fulf...
Turkey’s Palm Oil Imports Weakened in September Amid Lower Food Manufacturing Activities and Weakening Lira
Palm oil in Turkey is expected to drop around 10 percent for 2020 as compared to 2019 as reported earlier to due to negative demand from the food services sector, especially due to the dwindling number of arrivals for tourists and business travellers to Turkey. Jan – Sep 2020 imports reached 620,635...
