Globally, Indonesia leads palm kernel oil production, followed by Malaysia, collectively contributing a substantial share of the global supply. Notable growth is observed in countries like Guatemala, Ghana, and Honduras with year-on-year increases exceeding 3%. Colombia and Thailand also show promising rises. Conversely, Nigeria and Brazil face production declines. The Democratic Republic of the Congo undergoes the most significant drop, primarily influenced by economic and political factors. Over a longer horizon, the Compound Annual Growth Rate (CAGR) underscores the steady expansion in emerging producers, while others like China showcase stagnation.
Future trends to monitor include the impact of climate change on palm kernel production regions, potential trade policy shifts affecting export-import flows, and advancements in sustainable cultivation practices. These factors may significantly alter production dynamics and regional dominance patterns.
Top countries in Palm Kernel Oil Production by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 5,074,700 | 2023 | +3.27% | +3.1% | View data |
| 2 | 2 Malaysia | 2,435,800 | 2023 | +1.2% | +1.15% | View data |
| 3 | 3 Thailand | 298,060 | 2023 | +3.46% | +3.31% | View data |
| 4 | 4 Colombia | 157,290 | 2023 | +3.18% | +3.24% | View data |
| 5 | 5 Nigeria | 125,490 | 2023 | -0.57% | -1.35% | View data |
| 6 | 6 Guatemala | 97,660 | 2023 | +4.48% | +4.52% | View data |
| 7 | 7 Honduras | 89,340 | 2023 | +3.67% | +3.89% | View data |
| 8 | 8 Papua New Guinea | 76,330 | 2023 | +2.52% | +2.89% | View data |
| 9 | 9 Ghana | 73,020 | 2023 | +3.9% | +4.53% | View data |
| 10 | 10 Ecuador | 53,950 | 2023 | +2.09% | +2.71% | View data |
