In 2023, Indonesia led the global palm kernel oil export volume with 1.83 million metric tons, showing a year-on-year increase of 0.66%. Malaysia, the second-largest exporter, displayed a decline of 2.11%. Guatemala and Honduras recorded significant growth of over 4%. Smaller exporters like Venezuela saw a striking increase of 14.87%, despite contributing modest volumes.
Future trends suggest continued dominance by Indonesia and Malaysia, though emerging markets such as Guatemala and Honduras could see increased influence. Demand shifts influenced by environmental policies and sustainable practices may reshape export dynamics.
Top countries in Palm Kernel Oil Export Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 1,830 | 2023 | +0.99% | +0.66% | View data |
| 2 | 2 Malaysia | 579 | 2023 | -1.53% | -2.11% | View data |
| 3 | 3 Thailand | 121 | 2023 | +1.68% | +1.02% | View data |
| 4 | 4 Colombia | 85 | 2023 | +2.41% | +0.97% | View data |
| 5 | 5 Netherlands | 73 | 2023 | +1.39% | +2.67% | View data |
| 6 | 6 Guatemala | 72 | 2023 | +2.86% | +4.06% | View data |
| 7 | 7 Papua New Guinea | 58 | 2023 | 0% | +0.35% | View data |
| 8 | 8 Honduras | 57 | 2023 | +3.64% | +3.93% | View data |
| 9 | 9 Costa Rica | 27 | 2023 | +3.85% | +1.55% | View data |
| 10 | 10 Ecuador | 24 | 2023 | 0% | +2.71% | View data |
