In the analysis of global oil palm fruit gross production, Indonesia leads with a substantial production value of 26.891 billion US dollars in 2023, growing by 2.1% year-on-year. Malaysia follows, despite a slight decline of 0.81%, at 9.257 billion US dollars. Notable positive year-on-year changes include Brazil (7.46%), Mexico (15.87%), and Cambodia (12.12%). Over the past five years, Indonesia and Malaysia maintained dominant positions, while emerging growers like Nigeria, Colombia, and Guatemala showed positive trends.
Future trends to watch include the impact of climate change on production, advancements in sustainable agricultural practices, and shifts in global demand due to changing dietary preferences and biofuel usage. Monitoring the evolution of policies affecting palm oil production and trade is also essential.
Top countries in Oil Palm Fruit Gross Production by Country
| # | 10 Countries | Thousand US Dollars PPP = 2004–2006 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 26,891,000 | 2023 | +3.36% | +2.1% | View data |
| 2 | 2 Malaysia | 9,257,000 | 2023 | -0.81% | -0.81% | View data |
| 3 | 3 Thailand | 1,756,100 | 2023 | +3.65% | +2.91% | View data |
| 4 | 4 Nigeria | 1,011,800 | 2023 | +1.31% | +1.48% | View data |
| 5 | 5 Colombia | 960,940 | 2023 | +10.19% | +3.48% | View data |
| 6 | 6 Guatemala | 323,770 | 2023 | +4.32% | +3.77% | View data |
| 7 | 7 Brazil | 315,760 | 2023 | +5.46% | +7.46% | View data |
| 8 | 8 Papua New Guinea | 313,580 | 2023 | +3.01% | +3.86% | View data |
| 9 | 9 Cameroon | 265,450 | 2023 | +2.27% | +1.63% | View data |
| 10 | 10 Ghana | 246,400 | 2023 | +1.06% | +0.47% | View data |
