Global Palm Oil Market Report- By Trade, Revenue and Forecast 2018-2028

Report Code: MK20535 | Pages: 113
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Overview

The Global Palm Oil Market is a highly significant segment of the global vegetable oil market. Palm oil is the most widely produced edible oil in the world, with its primary use in the food industry for cooking and as an ingredient in processed foods. It is also used in the production of biofuels, animal feed, and other non-food products.

The major palm oil producing countries are Indonesia and Malaysia, which together account for more than half of global palm oil production. Other significant producers include Thailand, Colombia, and Nigeria. The demand for palm oil has increased significantly in recent years due to its versatility and relatively low cost.

In the last 50 years, palm oil production has skyrocketed. Palm oil production peaked in the 1970s at 2 million tones and is now 35 times higher. The demand for sustainably produced palm oil is also driven by industrialized countries' growing concern for clean and green fuels, as well as palm oil's growing use as a feedstock in biofuel production.

Increasing Demand for Plant Based Food: Consumers have been gravitating towards plant-based foods and diets over the past few years. Growing health and environmental concern is the primary factor driving this transformation. Vegans are choosing palm oil in high demand because it is technically compatible for a vegan diet because it is made from plants and contains no animal ingredients.

However, because of the effect that palm oil extraction has on deforestation, habitat destruction, and greenhouse gas emissions, the palm oil business has come under fire from environmental organizations. Owing to this, a lot of businesses have committed to sourcing sustainable palm oil, which is produced without endangering the environment or human rights.

Performance of Segmentation
By Major Producing Countries: Indonesia and Malaysia are the two main producers of palm oil, collectively accounting for more than half of global palm oil production. Nigeria, Papua New Guinea, Thailand, Colombia, and Guatemala are some other major countries that produce palm oil. The world's two biggest producers and exporters of palm oil are, however, Indonesia and Malaysia. These nations' tropical climates are ideal for the development of oil palm plants, which are the source of palm oil.

By Major Consuming Countries: India, the European Union, China, Indonesia, and Malaysia are the top palm oil consumers. The majority of palm oil is consumed in these nations for both food and non-food use. India is the second-largest user of palm oil, followed by China, Europe, Malaysia, and Thailand. Because of rising income, urbanization, and population expansion in many emerging nations, demand for palm oil has been rising significantly in recent years. However, significant attempts to encourage sustainable palm oil production and use have resulted from worries about the environmental and social effects of palm oil extraction.

Future Outlook
The Global Palm Oil Market is expected to grow at a CAGR of 4% from 2023-2028. The future of the palm oil market is expected to be shaped by a combination of factors, including increasing demand from emerging economies, sustainability concerns, and government regulations aimed at mitigating the negative impacts of palm oil production. On the demand side, the global population is projected to continue to grow, and with it, the demand for food and other products that use palm oil as an ingredient. In particular, the use of palm oil for biofuels is expected to increase as countries seek to reduce their dependence on fossil fuels.

Scope of the Study Makreo research has published a study on the Global Palm Oil Market Report – By Trade, Revenue, and Forecast 2018-2028. Market assessment has been carried out using qualitative and quantitative methods and has combined the impact of trade and microeconomic scenarios. The market has witnessed many shifts in recent past after the COVID-19 outburst & Ban of Export by Indonesia that gave a significant push in the market. Future outlook has been assessed keeping various influencing factors into consideration and also to assess the expected opportunities in the market.

Segmentation Covered:
By Major Producing Countries

  • Indonesia
  • Malaysia
  • Thailand
  • Colombia
  • Nigeria

By Major Consuming Countries

  • Indonesia
  • India
  • China
  • Malaysia
  • Egypt
  • Others

Key Questions Answered:

  • How the global palm oil market has performed in the past and what is the expected future growth prospects?
  • At what rate global palm oil production is growing?
  • What is the production and consumption scenario of the global palm oil market?
  • What is the total market revenue of the global palm oil market?
  • How the production and consumption trends of palm oil in the world?
  • Who are the major importers of palm oil and how these countries are positioned in the global palm oil market?
  • Who are the major producers of palm oil and what is the production scenario?
  • Who are the major consumers of palm oil and what is the consumption scenario?
  • What are the key areas responsible for market growth in the past and also areas responsible for decline in demand?
  • Which geography/region has a dominance over the palm oil market?

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Table of Contents

  1. Report Synopsis
  2. Global Overview
  3. Global Palm Oil Market: Major Producing Countries
  4. Global Palm Oil Market: Major Consuming Countries
  5. 1.Research Methodology
    1. 1.1.Objective of the Study
    2. 1.2.Research Process
    3. 1.3.Data Collection Methods
    4. 1.4.Analytical Framework
  6. 2.Global Palm Oil Market Performance
    1. 2.1.Global Palm Oil Market – An Overview
    2. 2.2.Global Palm Oil Market – by Production Performance
    3. 2.3.Global Palm Oil Market – by Consumption Performance
    4. 2.4.Global Palm Oil Market Production & Consumption Facts
    5. 2.5.Global Palm Oil Market: Major Producing Countries
    6. 2.6.Global Palm Oil Market: Major Consuming Countries
    7. 2.7.Global Palm Oil Market Revenue – Past and Present Performance
  7. 3.Major Palm Oil Producing Countries
    1. 3.1.Indonesia Palm Oil Market
      1. 3.1.1.Palm Oil Production in Indonesia by Province
      2. 3.1.2.Indonesia Palm Oil Market: Production Performance
      3. 3.1.3.Indonesia Palm Oil Market: Area, Yield & Production Performance
      4. 3.1.4.Indonesia Palm Oil Market: Export Performance
      5. 3.1.5.Indonesia Palm Oil Market: Export Tax Bracket
    2. 3.2.Malaysia Palm Oil Market
      1. 3.2.1.Palm Oil Production in Malaysia by States
      2. 3.2.2.Malaysia Palm Oil Market: Production Performance
      3. 3.2.3.Malaysia Palm Oil Market: Area & Yield
      4. 3.2.4.Malaysia Palm Oil Market: Trade Performance
      5. 3.2.5.Malaysia Palm Oil Export to South Asia Region
      6. 3.2.6.Malaysia Palm Oil Export to Bangladesh & Afghanistan
      7. 3.2.7.Malaysia Palm Oil Export to European Union Region
      8. 3.2.8.Malaysia Palm Oil Export to MENA & Western Balkan Region
      9. 3.2.9.Malaysia Palm Oil Market: Price Performance
    3. 3.3.Thailand Palm Oil Market
      1. 3.3.1.Palm Oil Production in Thailand by Province
      2. 3.3.2.Thailand Palm Oil Market: Production Performance
      3. 3.3.3.Thailand Palm Oil Market: Area, Yield & Production Performance
      4. 3.3.4.Thailand Palm Oil Market: Trade Performance
      5. 3.3.5.Thailand Palm Oil Market: Price Performance
    4. 3.4.Colombia Palm Oil Market
      1. 3.4.1.Palm Oil Production in Colombia by Department
      2. 3.4.2.Colombia Palm Oil Market: Production Performance
      3. 3.4.3.Colombia Palm Oil Market: Area, Yield & Production Performance
      4. 3.4.4.Colombia Palm Oil Market: Export Performance
    5. 3.5.Nigeria Palm Oil Market
      1. 3.5.1.Palm Oil Production in Nigeria by Area
      2. 3.5.2.Nigeria Palm Oil Market: Production Performance
      3. 3.5.3.Nigeria Palm Oil Market: Area, Yield & Production Performance
  8. 4.Major Palm Oil Consuming Countries
    1. 4.1.Indonesia Palm Oil Consumption
      1. 4.1.1.Indonesia Palm Oil Market: Consumption Performance
      2. 4.1.2.Indonesia Palm Oil Market: Consumption Performance
    2. 4.2.India Palm Oil Consumption
      1. 4.2.1.Palm Oil Production in India by State
      2. 4.2.2.India Palm Oil Market: Consumption Performance
      3. 4.2.3.India Palm Oil Market: Production Performance by State
      4. 4.2.4.India Palm Oil Market: Import Performance
      5. 4.2.5.Import Performance of Palm Oil from Malaysia to India
      6. 4.2.6.India Palm Oil Market: Government Initiative
    3. 4.3.China Palm Oil Consumption
      1. 4.3.1.China Palm Oil Market: Consumption Performance
      2. 4.3.2.Palm Oil Market Potential in China
      3. 4.3.3.China Palm Oil Market: Import Performance
    4. 4.4.Pakistan Palm Oil Consumption
      1. 4.4.1.Pakistan Palm Oil Market: Consumption Performance
      2. 4.4.2.Palm Oil Market Potential in Pakistan
      3. 4.4.3.Palm Oil Import from Malaysia to Pakistan
      4. 4.4.4.Pakistan Palm Oil Market: Import Performance
    5. 4.5.Egypt Palm Oil Consumption
      1. 4.5.1.Egypt Palm Oil Market: Consumption Performance
      2. 4.5.2.Palm Oil Market Potential in Egypt
      3. 4.5.3.Egypt Palm Oil Market: Import Performance
    6. 4.6.Malaysia Palm Oil Consumption
      1. 4.6.1.Malaysia Palm Oil Market: Consumption Performance
      2. 4.6.2.Malaysia Palm Oil Market: Import Performance
    7. 4.7.Other Palm Oil Consuming Markets
      1. 4.7.1.Nigeria Palm Oil Market: Consumption Performance
      2. 4.7.2.Other Palm Oil Markets: Consumption Performance
      3. 4.7.3.Other Palm Oil Markets: Import Performance
  9. 5.Global Palm Oil Market Future Outlook
    1. 5.1.Global Palm Oil Market Future Outlook
    2. 5.2.Global Palm Oil Market Future Outlook by Major Producing Region
    3. 5.3.Global Palm Oil Market Future Outlook by Major Consuming Region
    4. 5.4.Global Palm Oil Market Revenue – Future Forecast
    5. 5.5.Global Palm Oil Market Future Outlook: Production & Consumption
    6. 5.6.Factors to Drive Future Growth of Global Palm Oil Market
  10. Limitations of the Study
  11. List of Figures & Tables
  12. Global Palm Oil Production Volume 2016/17 – 2022/23
  13. Global Pam Oil Consumption Volume 2016/17 – 2022/23
  14. Palm Oil Area Yield & Production by Major Producing Countries, 2022
  15. Top 5 Palm Oil Producing Countries, 2022/23
  16. Top 5 Palm Oil Consuming Countries, 2022/23
  17. Market Share of Major Palm oil Producing Countries
  18. Market Share of Major Palm oil Consuming Countries, FY 2022-23
  19. Global Palm Oil Market Revenue, 2017-2022
  20. Indonesia Palm Oil Production, 2018-19 – 2022-23
  21. Indonesia Share in Global Palm Oil Production
  22. Indonesia Palm Oil Area Yields, 2011-12 – 2022-23
  23. Indonesia Palm Oil Yields, 2011-12 – 2022-23
  24. Indonesia Palm Oil Export, 2018-19 – 2022-23
  25. Indonesia Palm Oil Export by Destination, 2021-22
  26. The new Tax Brackets, August 2022
  27. Malaysia Palm Oil Production, 2018-19 – 2022-23
  28. Malaysia Share in Global Palm Oil Production, 2022-23
  29. Malaysia Palm Production & Stocks, Jan-Dec 2021-2022
  30. Malaysia Palm Oil Yields, 2011-12 – 2022-23
  31. Malaysia Palm Oil Area, 2011-12 – 2022-23
  32. Export of All Palm Products, Jan-Dec 2021-2022
  33. Export & Import of Malaysia Palm Oil, Jan-Dec 2021-2022
  34. Malaysia Palm Oil Exports Breakdown by Products, Jan-Feb 2023
  35. Malaysia Palm Oil Export Performance to South Asian Region, Jan-Dec 2021-22 (MT)
  36. Malaysia Palm Oil Export by Product Types, Jan-Dec 2021-22 (MT)
  37. Malaysia Palm Oil Export to Bangladesh by Type of Products, Jan-Dec 2021-22 (MT)
  38. Malaysia Palm Oil Export Performance to MENA Region, Jan-Dec 2021-22 (MT)
  39. Malaysia Palm Oil Export Performance to Balkan Region, Jan-Dec 2021-22 (MT)
  40. Malaysia Palm Oil Export Performance to North African Region, Jan-Dec 2021-22 (MT)
  41. Malaysia Monthly Average Price, 2021 vs 2022
  42. Thailand Palm Oil Production, 2018-19 – 2022-23
  43. Thailand Crude Palm Oil Production, 2019-2022
  44. Thailand Share in Global Palm Oil Production
  45. Thailand Palm Oil Area Yields, 2011-12 – 2022-23
  46. Thailand Palm Oil Yields, 2011-12 – 2022-23
  47. Thailand Palm Oil Export, 2018-2022
  48. Thailand Palm Oil Import, 2018-2022
  49. Thailand Palm Nut Price Jan 2022 vs Jan 2023
  50. Colombia Palm Oil Production, 2018-19 – 2022-23
  51. Colombia Share in Global Palm Oil Production
  52. Colombia Palm Oil Area Yields, 2011-12 – 2022-23
  53. Colombia Palm Oil Yields, 2011-12 – 2022-23
  54. Colombia Palm Oil Export, 2018-2022
  55. Nigeria Palm Oil Production, 2018-19 – 2022-23
  56. Nigeria Share in Global Palm Oil Production
  57. Nigeria Palm Oil Area Yields, 2011-12 – 2022-23
  58. Nigeria Palm Oil Yields, 2011-12 – 2022-23
  59. Indonesia Palm Oil Consumption, 2018-19 – 2022-23
  60. Indonesia Palm Oil Consumption by Food Sectors, 2019-2022
  61. Indonesia Palm Oil Consumption by Oleochemical , 2021-2022
  62. Indonesia Palm Oil Consumption by Biodiesel , 2021-2022
  63. India Palm Oil Consumption, 2018-19 – 2022-23
  64. Supply Demand Gap of Palm Oil in India
  65. India Palm Oil Market: Production Performance by State (2016/17 to 2020/21)
  66. India Palm Oil Import, 2018/19 - 2022/23
  67. Import of Palm Oil from Malaysia to India by Type of Products, Jan-Dec 2021-22 (MT)
  68. China Palm Oil Import Jan-Mar 2021 vs 2022
  69. China Palm Oil Consumption, 2018/19 - 2022/23
  70. Supply & Demand Gap of Palm Oil in China
  71. China Palm Oil Import Volume , 2018-19 – 2022-23
  72. Pakistan Palm Oil Consumption, 2018/19 - 2022/23
  73. Supply & Demand Gap of Palm Oil in Pakistan
  74. Palm Oil Import from Malaysia to Pakistan by Type of Products, Jan-Dec 2021-2022 (MT)
  75. Pakistan Palm Oil Import Volume , 2018-19 – 2022-23
  76. Egypt Palm Oil Consumption, 2018-19 – 2022-23
  77. Egypt Palm Oil Import, 2018-19 – 2022-23
  78. Malaysia Palm Oil Consumption, 2018-19 – 2022-23
  79. Import of Malaysia Palm Oil, Jan-Dec 2021 vs 2022
  80. Nigeria Palm Oil Consumption, 2018-19 – 2022-23
  81. Palm Oil Consumption in Other Countries (Thailand, EU, US, Bangladesh, Colombia), 2018-19 – 2022-23
  82. Palm Oil Consumption in Other Countries (Egypt, Philippines, Vietnam, Brazil, Others), 2018-19 – 2022-23
  83. Palm Oil Imports in Other Countries (EU, US, Bangladesh, Philippines, Kenya, ROW), 2018-19 – 2022-23
  84. Global Palm Oil Market Revenue Forecast, 2023 – 2028
  85. Global Palm Oil Production Forecast, 2023F-2028F
  86. Global Palm Oil Consumption Forecast, 2023F-2028F

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