India and Indonesia lead in global palm oil non-food uses, with India slightly exceeding Indonesia. Malaysia and China's consumption are equal, followed by Thailand, Spain, and the United States. 2023 saw notable increases in Kenya, Madagascar, and Kazakhstan, while significant declines were observed in Venezuela, Angola, and Tunisia. Stable markets include Bangladesh, Ghana, and Greece. The largest negative variation was in India and Indonesia, while Malaysia, Thailand, and Spain showed consistent growth.
Future trends to watch for include India's potential to widen its lead, steady growth in Southeast Asia, and possible declines in European countries due to sustainability concerns. Focus on emerging markets like Kenya and East Timor, which show promising growth rates, and monitor political or economic changes that could impact key markets like Venezuela and Iran.
Top countries in Palm Oil Non-food Uses by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 6,750 | 2023 | +0.66% | +0.89% | View data |
| 2 | 2 Indonesia | 6,740 | 2023 | +3.66% | +0.49% | View data |
| 3 | 3 Malaysia | 2,240 | 2023 | +5.6% | +0.69% | View data |
| 4 | 4 China | 2,240 | 2023 | -2.01% | -2.55% | View data |
| 5 | 5 Thailand | 2,100 | 2023 | +2.24% | +2.09% | View data |
| 6 | 6 Spain | 1,980 | 2023 | +2.44% | +2.11% | View data |
| 7 | 7 United States | 1,560 | 2023 | +1.83% | +1.54% | View data |
| 8 | 8 Pakistan | 1,240 | 2023 | +2.56% | +2.2% | View data |
| 9 | 9 Bangladesh | 1,220 | 2023 | +1.67% | +0.38% | View data |
| 10 | 10 Italy | 895 | 2023 | -2.93% | -2.29% | View data |
