In 2024, Guatemala stands out with the highest palm oil yield at 5.05 metric tons per hectare, showing a slight increase from the previous year. Papua New Guinea and the Dominican Republic follow with 4 and 3.79 respectively, while Costa Rica and Colombia exhibit small positive variations. In Southeast Asia, Malaysia and Indonesia, pivotal players in the palm oil market, registered declines in yield. Emerging producers like Cameroon and Mexico are noteworthy for their significant positive shifts. Conversely, African countries such as Ghana and Nigeria experienced some of the lowest yields, although there have been some incremental improvements.
Future trends to watch include potential increases in yield for countries investing in more sustainable and efficient agricultural practices. Innovations in technology and agronomy could bolster yields, while climate change and regulatory shifts may impact production variances globally. Monitoring these factors will be crucial for anticipating future trends in global palm oil yield.
Top countries in Palm Oil Yield by Country
| # | 10 Countries | Metric Tons Per Hectare | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Guatemala | 5.05 | 2023 | -0.014% | +0.17% | View data |
| 2 | 2 Papua New Guinea | 4 | 2023 | +2.56% | -0.14% | View data |
| 3 | 3 Dominican Republic | 3.79 | 2023 | 0% | 0% | View data |
| 4 | 4 Costa Rica | 3.53 | 2023 | +0.54% | +0.88% | View data |
| 5 | 5 Colombia | 3.52 | 2023 | -0.31% | +0.12% | View data |
| 6 | 6 Thailand | 3.45 | 2023 | +0.22% | +0.6% | View data |
| 7 | 7 Malaysia | 3.42 | 2023 | +2.4% | -2.7% | View data |
| 8 | 8 Indonesia | 3.41 | 2023 | -0.047% | -0.47% | View data |
| 9 | 9 Honduras | 3.27 | 2023 | -0.83% | -2.04% | View data |
| 10 | 10 Brazil | 3 | 2023 | 0% | 0% | View data |
