In 2023, Indonesia led global palm kernel oil exports, accounting for 61.39 thousand metric tons (YoY increase: 0.66%), followed by Malaysia at 19.4 thousand metric tons (YoY decrease: -2.11%). Other notable exporters included Thailand at 4.05 thousand metric tons (YoY increase: 1.02%) and Colombia at 2.85 thousand metric tons (YoY increase: 0.97%). Smaller yet significant contributions came from Guatemala (YoY increase: 4.06%) and Honduras (YoY increase: 3.93%).
Key future trends to watch include:
- Continued dominance of Indonesia and Malaysia, albeit with slight year-on-year variations
- Potential rise in export volumes from smaller players like Guatemala and Honduras
- Emergence of new exporters with significant YoY increases like Ghana (8.45%) and Venezuela (14.87%)
- Possible fluctuations influenced by global trade policies, sustainability measures, and market demands
Top countries in Palm Kernel Oil Export Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 61.39 | 2023 | +0.99% | +0.66% | View data |
| 2 | 2 Malaysia | 19.4 | 2023 | -1.53% | -2.11% | View data |
| 3 | 3 Thailand | 4.05 | 2023 | +1.68% | +1.02% | View data |
| 4 | 4 Colombia | 2.85 | 2023 | +2.41% | +0.97% | View data |
| 5 | 5 Netherlands | 2.45 | 2023 | +1.39% | +2.67% | View data |
| 6 | 6 Guatemala | 2.41 | 2023 | +2.86% | +4.06% | View data |
| 7 | 7 Papua New Guinea | 1.94 | 2023 | 0% | +0.35% | View data |
| 8 | 8 Honduras | 1.91 | 2023 | +3.64% | +3.93% | View data |
| 9 | 9 Costa Rica | 0.9 | 2023 | +3.85% | +1.55% | View data |
| 10 | 10 Ecuador | 0.8 | 2023 | 0% | +2.71% | View data |
