Indonesia, India, China, Malaysia, and Pakistan consumed more than h… They own five palm oil plantations in Indonesia and PNG and are the largest importer of palm oil into the U.S., sourcing from at least 26 producers and buying roughly 11 percent of Indonesia’s total oil palm … Malaysia and Indonesia are the largest producers of palm oil accounting for almost 90% of the world production. Archeologists have unearthed evidence indicating that palm oil was used in the tomb of Abydos which dates to 3000 BCE, and it is thought they were brought to Egypt by the traders. Palm Oil Production by Country. January 15, 2020. Switch to: Growth Rate. Then you will be able to mark statistics as favourites and use personal statistics alerts. Category:Palm oil production by country. US Department of Agriculture, & USDA Foreign Agricultural Service. Because oil palms grow only in a tropical climate, large areas of rainforest are often felled to make way for palms – with greenhouse gases being released as a result of slash-and-burn. Producers in the country could be categorized into three groups which include smallholder farmers, large companies, and cooperatives and self-help groups. Added to this, several countries have recently expressed interest in attracting increased investment in palm oil production and processing, such as Tanzania. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Jump to navigation Jump to search. (January 15, 2020). You need a Single Account for unlimited access. The average crude palm oil price in Rotterdam stood at $541 per ton in August – the highest since February – while the Indonesian Palm Oil Association (Gapki) expects it to increase further. New, Figures and insights about the advertising and media world, Industry Outlook Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Latin America, for example, has seen an uptick in palm production. It is estimated that by 2020, the palm oil project in Indonesia will cover approximately 12 million hectares. Directly accessible data for 170 industries from 50 countries Indonesia is by far the largest producer of palm oil, and this is supported by the ever-rising large palm growing areas in the country and export figures. The new pollination technique was a key factor in palm oil’s growth. Grown only in the tropics, the oil palm tree produces high-quality oil … Please do not hesitate to contact me. Accessed December 21, 2020. https://www.statista.com/statistics/613471/palm-oil-production-volume-worldwide/. ", US Department of Agriculture & USDA Foreign Agricultural Service, Production volume of palm oil worldwide from 2012/13 to 2019/20 (in million metric tons) Statista, https://www.statista.com/statistics/613471/palm-oil-production-volume-worldwide/ (last visited December 21, 2020), Production volume of palm oil worldwide from 2012/13 to 2019/20, Palm oil: global production volume 2012/13-2019/20, Palm kernel oil: global production volume 2012/13-2019/20, Monthly prices for palm oil worldwide from January 2014 to October 2020, Market share of palm oil suppliers in China 2019, by country, Palm oil export volume worldwide 2015/16-2019/20, Palm oil export volume worldwide 2019/20, by country, Leading palm oil exporters worldwide 2019, Export volume of palm oil from Indonesia to China 2011-2019, Top oil palm producing provinces Indonesia 2018 by share of production, Breakdown of palm oil exports Indonesia 2018 by type, Export volume of palm oil from Malaysia to the EU 2010-2019, Latin America & Caribbean: palm oil exports value by country 2019, Palm oil: global import volume 2012/13-2019/20, Leading palm oil importers worldwide 2019, Latin America: palm oil imports volume 2016-2018, Mexico: palm oil imports volume 2010-2019, Import volume of palm oil in China MY 2015/16-MY 2020/21, Major palm oil suppliers to China 2019, based on import value, United States: palm kernel oil consumption 2000-2019, European Union palm oil consumption 2011/12-2017/18, European Union-27 countries palm kernel oil consumption 2000-2019, Latin America: palm oil consumption 2019, by country, Latin America: palm oil industrial consumption 2019, by country, Latin America: palm kernel oil consumption 2019, by country, Coconut oil: global import volume 2012/13-2019/20, Algeria's oil production in barrels per day 1998-2019, Leading companies of the oils and fats sector in Spain 2018, by sales value, Export value of crude palm oil from Spain to the world 2011-2015, Export value of raw soybean oil from Spain to the world 2011-2015, Oil production - global distribution 2019, Argentina: soybean oil production volume 2010-2018, Venezuela: palm oil imports volume 2010-2018, Wilmar International Limited's net profit 2013-2019, Production volume of palm oil worldwide from 2012/13 to 2019/20 (in million metric tons), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Indonesia and Malaysia have the largest certified area planted with palm trees. 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