The 2024 forecast for global palm oil stock variation shows the Netherlands as the leading contributor, despite a notable decline. Among gainers, African nations like Mali and Tanzania display significant growth. Traditional producers such as Indonesia and Malaysia see declining shares. Mexico and the Philippines emerge with substantial year-on-year improvement. The 2023 variations indicate stability in many regions, though some notable changes include a major decline in Israel.
Future trends to watch include increased East Asian demand, potential impacts of climate policies on production, and shifts in biofuel mandates which might influence production and stock levels in traditional palm oil-producing nations.
Top countries in Palm Oil Stock Variation Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 22.02 | 2023 | -0.37% | -1.42% | View data |
| 2 | 2 Togo | 16.8 | 2023 | +7.29% | View data | |
| 3 | 3 Russia | 14.11 | 2023 | +5.49% | View data | |
| 4 | 4 Ghana | 11.66 | 2023 | +4.38% | +2.73% | View data |
| 5 | 5 Benin | 10.69 | 2023 | +6.5% | View data | |
| 6 | 6 Honduras | 10.44 | 2023 | +6.67% | View data | |
| 7 | 7 Colombia | 9.38 | 2023 | +6.48% | View data | |
| 8 | 8 Mauritania | 8.65 | 2023 | +7.07% | +0.97% | View data |
| 9 | 9 Poland | 4.98 | 2023 | +8.93% | View data | |
| 10 | 10 North Korea | 4.49 | 2023 | +5.77% | +1.92% | View data |
