In 2024, China leads in global palm oil losses with 37.24 thousand metric tons, followed closely by Malaysia at 35.17 thousand metric tons. Nigeria is third at 22.76 thousand metric tons, highlighting these countries as major contributors. Other countries like Cameroon, Papua New Guinea, Japan, and Gabon experience negligible losses. Notably, China and Nigeria saw declines in losses in 2023, with reductions of 0.55% and 0.6% respectively. Over five years, a stable CAGR underlines a mature market.
Future trends to watch include advancements in sustainable palm oil production, efforts in reducing losses, and the impact of regulatory changes on key exporters like Malaysia and Indonesia. Monitoring these elements will inform potential shifts in global palm oil losses distribution.
Top countries in Palm Oil Losses Share by Country (Thousand Metric Tons)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 37.24 | 2023 | 0% | -0.55% | View data |
| 2 | 2 Malaysia | 35.17 | 2023 | +0.99% | 0% | View data |
| 3 | 3 Nigeria | 22.76 | 2023 | 0% | -0.6% | View data |
| 4 | 4 Cameroon | 3.1 | 2023 | 0% | 0% | View data |
| 5 | 5 Papua New Guinea | 2.41 | 2023 | 0% | 0% | View data |
| 6 | 6 Japan | 1.72 | 2023 | 0% | 0% | View data |
| 7 | 7 Gabon | 0.34 | 2023 | 0% | 0% | View data |