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  • Where does palm oil come from?
  • It is a mainstay in numerous industries due to its affordability and adaptability. Although palm oil originated in Africa, it is now a worldwide commodity, with 85% of the world's supply coming from Indonesia and Malaysia. These two nations have emerged as the world's top palm oil producers during the past century, and their output is still rising.
  • Which countries produce palm oil?
  • Papua New Guinea, Honduras, Guatemala, Côte d’Ivoire (Ivory Coast), Indonesia, Malaysia, Thailand, Colombia, Nigeria, and Brazil are usually the main producers of palm oil. How much palm oil do these countries produce annually?
  • What is the global market for palm oil?
  • According to Grand View Research, the global market for palm oil was valued at $67.3 billion in 2022 and is forecasted to grow at a CAGR of 5.1% from 2023 to 2030. As per Index Mundi, in 2022, Indonesia and Malaysia were the leading exporters of palm oil, while india, China, the EU, and Pakistan remained the leading importers.
  • Which country produces the most palm oil in Oceania?
  • Papua New Guinea (PNG) is one of the top producers of palm oil in Oceania, with an annual production output of around 700,000 tonnes. The country’s tropical climate and favorable soil conditions have made it an ideal location for palm oil production.
  • Which countries import palm oil in 2022?
  • As per Index Mundi, in 2022, Indonesia and Malaysia were the leading exporters of palm oil, while india, China, the EU, and Pakistan remained the leading importers. As you will find out, most companies in our list also have either Malaysian or Indonesian origins.
  • How many people in Indonesia & Malaysia rely on palm oil?
  • Nearly 11 million people in Indonesia and Malaysia are directly or indirectly dependent on the production of palm oil, which has resulted in significant employment opportunities.