In 2023, Malaysia dominated the global palm kernel oil processing industry, significantly outpacing other countries with a processing share of 47.74 thousand metric tons. Japan followed with 18.33 thousand metric tons, while Belgium, Ecuador, and the United States processed 7.92, 4.07, and 3.85 thousand metric tons, respectively. Notable year-on-year variations were recorded, with Malaysia increasing by 6.64%, and the United States by 2.53%. France saw a substantial rise of 5.92%, while Poland experienced a decline of 2.64% in processing share.
Future trends to watch include Malaysia's continued dominance in production volumes, potentially followed by strategic shifts in Japan and Belgium's industry investments to enhance processing capacity. Increasing environmental regulations and sustainability initiatives may also reshape global processing dynamics, affecting growth within this sector. Monitoring these factors will be critical for stakeholders involved in palm kernel oil production and processing. Additionally, potential changes in international trade policies could impact supply chains and market shares across the globe.
Top countries in Palm Kernel Oil Processing Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 47.74 | 2023 | +5.5% | +6.64% | View data |
| 2 | 2 Japan | 18.33 | 2023 | -1.22% | 0% | View data |
| 3 | 3 Belgium | 7.92 | 2023 | 0% | +1.18% | View data |
| 4 | 4 Ecuador | 4.07 | 2023 | 0% | 0% | View data |
| 5 | 5 United States | 3.85 | 2023 | 0% | +2.53% | View data |
| 6 | 6 France | 1.81 | 2023 | 0% | +5.92% | View data |
| 7 | 7 Poland | 1.58 | 2023 | 0% | -2.64% | View data |
| 8 | 8 United Kingdom of Great Britain and Northern Ireland | 1.58 | 2023 | |||
| 9 | 9 Ireland | 0.45 | 2023 | 0% | 0% | View data |
| 10 | 10 New Zealand | 0.23 | 2023 | 0% | 0% | View data |
