In 2023, Indonesia and Malaysia dominated global palm kernel oil distribution with shares of 42.18 and 21.59 thousand metric tons, respectively. Indonesia showed a slight growth of 1.44%, while Malaysia decreased by 1.46%. Notably, Nigeria (5.97%) and Brazil (5.76%) experienced significant growth, while Mexico led with a 10.47% increase. Conversely, China saw a decline of 3.37%. Over the last five years, the compound annual growth rate (CAGR) highlighted shifts in global distribution with varying growth rates across countries.
Future trends to watch include increased production in emerging economies, potential declines in major players, and impacts of environmental policies on global supply chains.
Top countries in Palm Kernel Oil Distribution Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 42.18 | 2023 | +0.59% | +1.44% | View data |
| 2 | 2 Malaysia | 21.59 | 2023 | +2.19% | -1.46% | View data |
| 3 | 3 China | 5.79 | 2023 | +0.4% | -3.37% | View data |
| 4 | 4 Nigeria | 3.65 | 2023 | +14.81% | +5.97% | View data |
| 5 | 5 Thailand | 3.53 | 2023 | +3.63% | -0.044% | View data |
| 6 | 6 United States | 3.18 | 2023 | +8.42% | +2.91% | View data |
| 7 | 7 Brazil | 2.65 | 2023 | +0.88% | +5.76% | View data |
| 8 | 8 India | 1.43 | 2023 | +10.78% | -0.64% | View data |
| 9 | 9 Colombia | 1.22 | 2023 | +1.28% | -1.1% | View data |
| 10 | 10 Mexico | 1 | 2023 | +4% | +10.47% | View data |
