Market Highlights
Palm oil imports to China poised to increase following the Government’s lifting of Covid-19 protocols
China has lifted its strict Covid rules in an apparent attempt to alleviate economic pressures and cool escalating discontent. Among the measures it has scrapped is the use of its primary Covid tracking app, while domestic travel restrictions have been lifted. The government has allowed people with ...
Saudi Arabia: Palm Oil Market – Trends and Updates
Background The Kingdom of Saudi Arabia has been experiencing an incredible transformation in the span of a single generation. It aims to progress at a more advanced pace in the process of implementing comprehensive structural reforms by executing strategies, programmes, and projects that drive susta...
Growth Trends in the Brazilian Oils and Fats Market
Domestic Oils and Fats Industry and Cultivation The key segments in Brazilian cooking oils market are soybean oil, olive oil, corn oil, and sunflower oil. The whole cooking oils market in Brazil was valued at BRL14,332 million in 2022 (GlobalData). According to GlobalData, the market is projected to...
Tapping Into the Beauty Segment of Sweden with Palm-Based Oleochemicals
Abstract Malaysia, as the second biggest producer of palm oil in the world, aspires to increase its export of high-value-added products. For the year 2022, palm-based oleochemicals from Malaysia constituted 11% of total exports. This article aims to provide a deep dive into the potential of palm-bas...
Post-Covid-19 S&D Outlook for Oils & Fats in China
Brighter Market Prospects for Palm Oil in 2023 Significant Drop in Palm Oil Import The news of China’s gradual relaxation of its Covid-19 preventive measures since December 2022 was surely something that had been anticipated by many, especially by businesses which had been gearing up to visit China ...
Iran 2023 – Oils and Fats Demand and Malaysian Palm Oil Export Opportunities
Iran oils and fats market Iran is an important export market that is ranked as the second biggest oils and fats consuming country, after Turkiye, in the Middle East region. In 2021, Iran consumed 2.17 million MT of oils and fats, and is estimated to surpass 2.2 million in 2022. The consumption per c...
Strategising Export – Learning the Trade Landscape of Uzbekistan
In the middle of the second century BC, the Great Silk Road passed through the territories of modern Uzbekistan. Large trade cities such as Samarkand, Bukhara, and Tashkent appeared and grew along this route. Today, Uzbekistan is the geographic and population centre of Central Asia. After independen...
Performance and Outlook of Turkish Vegetable Oil Sector
Turkey is considered to be the gateway between Europe and Asia; it is a Eurasian country located on the Mediterranean, stretching across the Anatolian peninsula in southwest Asia and the Balkan region of southeastern Europe. It is bordered by the Black Sea, the Marmara Sea, the Aegean Sea, and the M...
Egypt Staying Ahead: Window of Opportunity for Greater Malaysian Palm Oil Exports
Country’s Synopses Egypt’s unique geographical location at the crossroads between Africa, Europe, and the Middle East makes it an ideal regional business hub. Egypt is a country packed with potential. With around 110 million inhabitants, it is the highly populous country in the Arab worl...
EU policies setting global benchmarks
The US considers the EU’s deforestation policy as an important benchmark and intends to ban products linked to deforestation. In October 2021, the Forest Act of 2021 Bill was introduced in the US Congress. The Act has the objective to ban products linked to deforestation. Similar to the EU’s Defores...
