The majority of global palm kernel oil stocks are concentrated in Malaysia and Indonesia, accounting for the highest reserves at 125 and 91 thousand metric tons, respectively, in 2024. Among notable variations, Italy experienced a 3.71% increase, while Ghana saw a decrease of 3.29% in stock levels. Uganda showed a significant rise of 14.87% in 2023 compared to the previous year. Other countries maintained their stock levels without variation. Notably, the United States, Sri Lanka, Philippines, and Iran reported negative stock values. The data indicate significant regional differences in stock management practices.
Future trends to watch include potential fluctuations in Indonesia’s and Malaysia’s stock levels as these nations manage domestic production and export influences. Global demand shifts, coupled with sustainability concerns, might also affect smaller market players like Uganda and Italy. Monitoring policy changes and market dynamics will be key for strategic forecasting in palm kernel oil trade.
Top countries in Palm Kernel Oil Stock Variation by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 125 | 2023 | +8.7% | View data | |
| 2 | 2 Indonesia | 91 | 2023 | +12.35% | View data | |
| 3 | 3 Kenya | 22 | 2023 | +4.76% | View data | |
| 4 | 4 China | 19 | 2023 | +11.76% | View data | |
| 5 | 5 Ghana | 11 | 2023 | -8.33% | -3.29% | View data |
| 6 | 6 Thailand | 8 | 2023 | +14.29% | View data | |
| 7 | 7 Saudi Arabia | 7 | 2023 | 0% | View data | |
| 8 | 8 Poland | 7 | 2023 | 0% | 0% | View data |
| 9 | 9 Italy | 6 | 2023 | 0% | +3.71% | View data |
| 10 | 10 Colombia | 3 | 2023 | 0% | View data |
