Market Highlights
Soybean Imports Trend and in China and its Impact on Palm Oil
Introduction The Y-o-Y growth of soybean import in China has moved from positive to negative in 2021, as the Jan-Oct period import of soybean dropped by 4.9% against the positive growth of 8.7% recorded in 1H2021 (Tables 1 & 2). This is a surprising development as it was widely anticipated...
Resurgence of Malaysian Palm Oil in India
The New Year began with hope, as India was slowly getting back on its feet from the economic havoc caused by COVID-19 last year. The initial months of 2021 witnessed economic growth and development but a rapid surge in COVID-19 cases in the second quarter led to a second wave. No strict lockdowns we...
Current Disruptions in Sudan and Its Implications on Palm Oil Imports
1. The Latest Political Situation in Sudan Sudan is facing a lot of disruptions because of the latest revolution. The country has descended into crisis after the military dissolved the country’s power-sharing Sovereign Council and the transitional government, and temporarily detainin...
Growth Prospects for Malaysian Palm Oil in Vietnam’s Food Service Sector
Vietnam’s Foodservice Sector Vietnam is an extremely attractive market for the foodservice sector, with a population of more than 93 million people that is growing in size and purchasing power. The Vietnamese foodservice market is divided into full-service restaurants, cafés and bars, street kiosks,...
Palm Oil for Food Industries and its Potential in Turkey
1. Introduction Turkey has a population of 83.1 million, with a relatively young and growing population. Nearly 67% of the population is within the age bracket of 15 and 64 years oldmaking Turkey a young and dynamic country. 75.7% of the population is concentrated in urban areas, particularly in Ist...
The Growing Demand in Oleochemicals in the US Beauty & Personal Care Market
The United States (US) is one of the most lucrative beauty and personal care market in the world, along with the EU, UK, and Russian markets. This sector is expected to grow annually by 4.06% based on 2021-2025 CAGR. The Beauty & Personal Care market is defined as consumer goods for cosmetics an...
Food Processing Industry: A Sunrise Sector in India
Oils and fats are amongst the key ingredients for a variety of food applications and are widely used in households and various industries. In the food industry, the choice of oils and fats is an important determinant of many crucial factors such as shelf-life of foods, quality, taste, flavor, and te...
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...
For Palm Oil, there is a Europe Beyond the EU
Trouble in the South China Sea. International concern over China’s Belt and Road Initiative (BRI). Globally, increasing economic nationalism because of Covid-19. The world has become a dangerous place, and Malaysia would be well-advised not to turn a cold shoulder to Europe. But that does not ...
China’s Oleochemicals Market Offers Opportunities for Higher Palm-Based Derivatives and Palm Fraction Exports
1.0 Background China’s oleochemicals industry is huge and has a significant share of global production. In 2020, the country produced 1.7 million MT of fatty acid, 307,000 MT of fatty alcohol, 193,000 MT of fatty amines, 724,300 MT of glycerine, and 190,000 MT of soap noodles. Besides these, C...
