The global palm kernel oil export market shows a dominant role by Indonesia and Malaysia, with Indonesia exporting 1.45 million metric tons and experiencing a slight decline of 5.13% in 2023. Malaysia, however, increased its exports by 2.45% to 1.18 million metric tons. Other notable players include Thailand and Colombia, showing mixed performance with variations of 7.29% and a decline of 0.49%, respectively. Smaller exporters like Honduras, Costa Rica, and Nigeria indicated positive growth, hinting at gradual diversification in export sources.
Future trends to watch include potential shifts in market dynamics due to environmental regulations and sustainability concerns. Emerging exporters such as Honduras and Nigeria might gain more prominence. Additionally, technological advancements in palm oil processing could influence export capacities across participating countries. Monitoring shifts in consumer demand towards sustainable products will also underpin the global export landscape.
Top countries in Palm Kernel Oil Export by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 1,450 | 2023 | +0.49% | -5.13% | View data |
| 2 | 2 Malaysia | 1,180 | 2023 | +16.57% | +2.45% | View data |
| 3 | 3 Thailand | 145 | 2023 | +16% | +7.29% | View data |
| 4 | 4 Colombia | 80 | 2023 | -11.11% | -0.49% | View data |
| 5 | 5 Guatemala | 75 | 2023 | 0% | -1.77% | View data |
| 6 | 6 Papua New Guinea | 65 | 2023 | -1.52% | -2.02% | View data |
| 7 | 7 Honduras | 50 | 2023 | 0% | +10.76% | View data |
| 8 | 8 Costa Rica | 28 | 2023 | -9.68% | +3.13% | View data |
| 9 | 9 Ivory Coast | 25 | 2023 | 0% | +4.56% | View data |
| 10 | 10 Nigeria | 20 | 2023 | +53.85% | +9% | View data |
