World - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Palm Oil Consumption
Crude palm oil consumption is a significant component of the global vegetable oil market. Palm oil is derived from the oil palm tree, which is native to West Africa but is now widely cultivated across the tropics, particularly in Southeast Asia. It is known for its high yield, versatility, and low cost, which have contributed to its popularity as a cooking oil and an ingredient in a wide range of food and non-food products.
Crude palm oil consumption has been steadily increasing over the years. According to the United States Department of Agriculture (USDA), global palm oil consumption reached a record high of 72 million metric tons in 2020. This can be attributed to several factors, including population growth, rising incomes in developing countries, and the expansion of the processed food industry.
One of the main uses of crude palm oil is as a cooking oil. It is widely used in Southeast Asian cuisines, where it is used for frying, sautéing, and as an ingredient in various dishes. The high smoking point of palm oil makes it suitable for deep frying, and its neutral flavor allows it to enhance the taste of different cuisines.
Crude palm oil is also extensively used in the food processing industry. It is a common ingredient in baked goods, snacks, margarine, and spreads. Its solid texture at room temperature makes it a suitable substitute for hydrogenated fats, which are high in trans fats and have been linked to various health issues. Palm oil is also used in the production of confectionery, ice cream, and dairy products as it helps improve the texture and stability of these products.
Besides food, crude palm oil is used in the manufacturing of non-food products. It is a key ingredient in the production of personal care items such as soap, shampoo, and cosmetics. Palm oil derivatives are also used in household cleaning products, candles, and biofuels. The versatile nature of palm oil makes it a preferred choice for many industries due to its functional properties and cost-effectiveness.
However, the growing demand for crude palm oil has raised concerns about its environmental and social impact. The expansion of palm oil plantations has led to deforestation, habitat loss, and biodiversity decline in tropical regions. Additionally, there have been reports of human rights violations and labor abuses in the palm oil industry. Recognizing these issues, efforts are being made by various stakeholders to promote sustainable palm oil production and consumption.
This report provides an in-depth analysis of the global crude palm oil market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 257 - Oil of palm
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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Explore the top import markets for crude palm oil and the key statistics in the global industry. Learn about the leading countries, import values, and trends.
The global palm oil market revenue amounted to $48B in 2017, surging by 10% against the previous year. This figure reflect...
The global palm oil market increased from X tons in 2007 to X tons in 2016, expanding with an annual average growth rate of +X% per year over that period.
Global palm oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
Global palm oil exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
Global palm oil imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
The global production of palm oil was estimated at X million tons in 2013, which was X million tons more than in 2012.
Earlier this year, Cargill Inc. published its "Cargill Palm Oil Progress Update" report that revealed a plan to enhance land monitoring in Malaysia, the world's second-biggest palm oil grower. In order to provide immediate action to concerns such as bu
Despite some recent negative dynamics, Indonesia continued to lead the way in the global palm oil trade. In 2013, Indonesia exported X million tons of palm oil totaling X billion USD, X% under the previous year. Its primary trading partner was
Learn about the top five import markets for palm oil and their respective import values in 2022. India ranks as the largest importer, followed by China, Pakistan, the United States, and the Netherlands. These countries exhibit significant demand for palm oil due to various factors such as population size, dietary preferences, and industrial applications. Understanding the dynamics of these import markets is crucial for palm oil producers, traders, and other stakeholders in the industry. Get comprehensive insights into the global palm oil market with IndexBox's recent market report.