Market Highlights
The Potential for Animal Feed Industry in Bangladesh Amidst Covid-19 Impact
Poultry and cattle farming have become an integral part of Bangladesh’s agro-based economy and rural livelihood. The sub-sectors of agriculture are livestock, poultry, fish and fisheries. Due to increasing demand, commercial poultry, cattle and fish farms have been gaining prominence over the last t...
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...
China Leads the Global Instant Noodle Consumption
Instant noodles also known as instant ramen are pre-cooked noodles sold in a dried block with seasoning powder packed separately. The instant popularity of instant noodles is due to its quick preparation time. The noodle became ready to eat just in two minutes by adding boil...
Factors affecting palm oil development and trade in Mexico
With a population of almost 130 million, Mexico is among the world’s 15 largest economies in the world and the second-largest economy in Latin America. However, its economy remains fragile despite maintaining a strong trade relationship with the United States and Canada. According to the Herit...
The Demand of Malaysian Palm Oil Products in the Asia Pacific Region.
The Asia Pacific (excluding China) is one of the vibrant economic regions in the world. In 2019, the total GDP value of Asia Pacific was USD 11.55 trillion which is contributed about 13.2% to the global GDP value. The Asia Pacific includes several emerging countries like Indonesia, Malaysia, Philipp...
Will Italian biodiesel soon sport “No Palm Oil” Labels?
Figure 1: The EU’s four largest palm oil importers 2019 (‘000 MT) The first wave of Covid-19 in the spring of 2020 hit Europe hard. Italy was the first country affected and its economic heartland, Lombardy, took a severe beating. But while the pandemic-induced woes led in countries like ...
Will The Indian Festival Season Usher in Cheer?
The COVID-19 curve seems to have flattened and is now showing a welcome sign of retreating as the number of new cases shows a declining trend. Mirroring this good news is the country’s trade which is improving. But the country still has to tread with caution. The lockdown, first imposed in March 202...
Palm Oil in SSA – a Situational Analysis on Major Regional Importing Countries
From January to August 2020, the Sub-Saharan Africa region imported a total of 1.69 million MT of Malaysian palm oil, an increase of 36.91% compared to the same period on the previous year. Western and Eastern Africa saw an increase in imports while Central and Southern Africa saw a drop in imports....
Myanmar : Malaysian Palm Oil Opportunity in the Land of Gold
Background Since Myanmar opens its door to foreign investment in 2011, the country has transformed from a quiet and isolated nation to a vibrant and fast-moving nation. The country has become a magnet to foreign investment. In 2010-2011 the foreign investment increased 6567% to USD20 billion from US...
Misconception of Palm Oil‘s Health Attributes in Middle East Market
The Middle East Market consumed 8 million MT of oils and fats annually. The consumption basket is divided among various oils, but sunflower, palm oil and soybean oil accounted for 76% of the total oils and fats consumed in the region. The remaining 24% are shared by butterfat, rapeseed o...
