The global export market for palm oil or fractions simply refined has been dominated by Indonesia and Malaysia, with Indonesia commanding a substantial lead at 63.67% of the market share in kilograms. Malaysia follows with 26.73%. The Netherlands, Germany, and several other countries hold smaller shares, with incremental gains or losses.
Year-on-year variations show notable growth in several countries: Indonesia, Denmark, Russia, Poland, and Slovenia, each demonstrating strong momentum. Conversely, Canada, Brazil, Kuwait, and Ireland have experienced declines, reflecting potential shifts in market dynamics.
Looking forward, future trends to watch for include increasing sustainability demands, potential shifts in production due to climate change, and evolving trade policies that could influence market shares globally. Additionally, expanding consumer markets in Asia and Africa may drive further shifts in export strategies. Continued monitoring of geopolitical factors and sustainability certifications will be crucial for understanding future market configurations.
Top countries in Export of Palm Oil or Fractions Simply Refined Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 63.67 | 2023 | +3.74% | +4.11% | View data |
| 2 | 2 Malaysia | 26.73 | 2023 | +0.67% | +0.86% | View data |
| 3 | 3 Netherlands | 2.73 | 2023 | +0.51% | +1.98% | View data |
| 4 | 4 Germany | 1.06 | 2023 | +2.63% | +3.78% | View data |
| 5 | 5 Ivory Coast | 0.38 | 2023 | +1.29% | +0.25% | View data |
| 6 | 6 Italy | 0.33 | 2023 | +4% | +3.85% | View data |
| 7 | 7 Denmark | 0.31 | 2023 | +4.12% | +4.4% | View data |
| 8 | 8 United Arab Emirates | 0.31 | 2023 | +4.28% | +2.3% | View data |
| 9 | 9 Estonia | 0.3 | 2023 | +6.67% | +2.29% | View data |
| 10 | 10 Thailand | 0.24 | 2023 | +2.96% | +1.44% | View data |
