Indonesia leads the global palm kernel oil supply with a significant margin, producing 5.47 million metric tons in 2024, reflecting a 1.44% YoY growth in 2023. Malaysia follows with 2.8 million metric tons but experienced a slight decline of 1.46%. Other notable producers include China (0.75 million metric tons, -3.37%), Nigeria (0.473 million metric tons, +5.97%), and Thailand (0.457 million metric tons, -0.044%). Smaller yet increasing contributions are noticeable from Mexico (+10.47%) and Costa Rica (+11.95%), amidst mixed trends from other regions.
Future trends to watch include potential expansions in production capacities in emerging markets such as Nigeria and Brazil. Increased sustainability pressures and evolving regulatory landscapes, especially in major producing countries like Indonesia and Malaysia, will likely impact future supply dynamics. Technological advancements in agricultural practices and palm kernel oil processing could further shape the global supply landscape, with significant focus on enhancing yield and environmental impact reduction.
Top countries in Palm Kernel Oil Supply by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 5,470 | 2023 | +0.59% | +1.44% | View data |
| 2 | 2 Malaysia | 2,800 | 2023 | +2.19% | -1.46% | View data |
| 3 | 3 China | 750 | 2023 | +0.4% | -3.37% | View data |
| 4 | 4 Nigeria | 473 | 2023 | +14.81% | +5.97% | View data |
| 5 | 5 Thailand | 457 | 2023 | +3.63% | -0.044% | View data |
| 6 | 6 United States | 412 | 2023 | +8.42% | +2.91% | View data |
| 7 | 7 Brazil | 344 | 2023 | +0.88% | +5.76% | View data |
| 8 | 8 India | 185 | 2023 | +10.78% | -0.64% | View data |
| 9 | 9 Colombia | 158 | 2023 | +1.28% | -1.1% | View data |
| 10 | 10 Mexico | 130 | 2023 | +4% | +10.47% | View data |
