Global palm kernel oil production figures reveal Indonesia as the dominant producer with 4.47 million metric tons in 2024, followed by Malaysia at 2.28 million metric tons. Third-ranked Thailand's production was significantly lower at 0.271 million metric tons. Year-on-year variations for 2023 indicate a slight dip for Malaysia (-0.14%) and a minor increase for key producers like Indonesia (0.93%) and Colombia (2.14%). Over a five-year period, Indonesia and Malaysia showed a steady trend while countries like Nigeria and Thailand increased by modest percentages. Guatemala and Honduras displayed notable rises in production with 2.67% and 2.32%, respectively. Conversely, countries such as Brazil and Paraguay experienced declines of -4.77% and -4.36%. Noteworthy trends in minor producers like China and Cambodia remained stagnant or declined.
Future trends to monitor include potential continued gains by Guatemala and Honduras, alongside minor increases in Nigeria and Colombia. Conversely, fluctuations in Brazil and Paraguay are critical to track due to their recent declines. Environmental and regulatory developments in major producing countries, coupled with potential impacts from agricultural innovations, will influence future dynamics in global palm kernel oil production. Keep a close watch on sustainability practices impacting production volumes across these geographies.
Top countries in Palm Kernel Oil Production by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 4,470 | 2023 | +1.52% | +0.93% | View data |
| 2 | 2 Malaysia | 2,280 | 2023 | +0.13% | -0.14% | View data |
| 3 | 3 Thailand | 271 | 2023 | +1.88% | +1.38% | View data |
| 4 | 4 Colombia | 149 | 2023 | +2.76% | +2.14% | View data |
| 5 | 5 Nigeria | 130 | 2023 | +0.78% | +0.63% | View data |
| 6 | 6 Guatemala | 89 | 2023 | +2.3% | +2.67% | View data |
| 7 | 7 Honduras | 83 | 2023 | +2.47% | +2.32% | View data |
| 8 | 8 Papua New Guinea | 68 | 2023 | +1.49% | +0.91% | View data |
| 9 | 9 Ghana | 55 | 2023 | 0% | 0% | View data |
| 10 | 10 Ecuador | 49 | 2023 | 0% | +0.84% | View data |