Indonesia and Malaysia dominate the global palm kernel oil demand, contributing significantly with values of 32.26 and 24.04 thousand metric tons, respectively. China, the United States, and Germany follow as major consumers, with the U.S. and Germany showing positive year-on-year growth. Notable mentions include Brazil, Thailand, and the Philippines, which have seen a decline in demand.
Future trends to watch include potential shifts driven by regulatory changes, sustainability initiatives, and alternative oil usage. Emerging markets in Africa and South America could see increased demand, while developed nations may focus on more sustainable sourcing practices.
Top countries in Palm Kernel Oil Demand Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 32.26 | 2023 | +1.52% | +0.36% | View data |
| 2 | 2 Malaysia | 24.04 | 2023 | +0.26% | +0.15% | View data |
| 3 | 3 China | 10.14 | 2023 | +1.91% | +1.11% | View data |
| 4 | 4 United States | 4.89 | 2023 | +1.85% | +2.94% | View data |
| 5 | 5 Germany | 4.64 | 2023 | -0.54% | +0.61% | View data |
| 6 | 6 Brazil | 3.06 | 2023 | -1.23% | -1.12% | View data |
| 7 | 7 Netherlands | 2.36 | 2023 | +3.33% | +1.94% | View data |
| 8 | 8 Thailand | 1.81 | 2023 | 0% | -0.28% | View data |
| 9 | 9 Philippines | 1.28 | 2023 | -0.98% | -0.39% | View data |
| 10 | 10 Mexico | 1.26 | 2023 | +1.02% | +0.62% | View data |
