• Analysis and Studies
• Palm Oil

Palm oil is safe for consumption vegetable oil stem from the mesocarp of the fruit of the oil palms. The oil is used in food manufacturing, in beauty products, and as biofuel. It balanced shit for about 33% of global oil produced from oil crops in 2014.

On average globally, humans consumed 7.7 kg of palm oil per person in 2015; at the same time demand has increased for other uses, such as creating more demand on the supply encouraging the growth of palm oil plantations in tropical countries.

Concerning to markets, according to the Hamburg-based Oil World trade journal, in 2008 global production of oils and fats displayed at 160 million fright tone. Palm oil and palm seed oil were partnership of the largest contributor, reporting 48 million tonnes, or 30% of the total output. 

Soybean oil stretch in second with 37 million tonnes (23%). About 38% of the oils and fats produced in the world were dispatched across oceans. Of the 60 million tonnes of oils and fats exported around the world, palm oil and palm kernel oil made up close to 60%;

Malaysia, with 45% of the market share, played first chair the palm oil trade. Production of palm oil that complies with voluntary sustainability standards is snowballing at a faster rate than conventional production. Standard-compliant production increased by 110% from 2008 to 2016, while orthodox production got up by 2%.

Regarding exports and imports Palm Oil were the world's 110^th most traded product, with a total trade of $29 billion. Between 2017 and 2018 the exports of Palm Oil shot up 3.05%, from $28.2 billion to $29 billion. Trade in Palm Oil acts for 0.15% of total world trade. Palm Oil are a part of Other fixed vegetable oils, fluid or solid, crude, refined or purified.

About trade overseas, in 2018 the top exporters of Palm Oil  were Indonesia ($16.5B), Malaysia ($8.67B), Netherlands ($978M), Colombia ($446M), and Germany ($326M). On the other hand, in 2018 the top importers of Palm Oil  were India ($4.93B), China ($2.74B), Pakistan ($2.04B), Netherlands ($1.38B), and Bangladesh ($1.04B).

By such means, in 2018 top origin was Indonesia ($16.5 billion) and top destination was India ($4.93 billion).

Dealing with market dynamics, between 2017 and 2018 main origin rise was Malaysia ($807 million) and top destination boost was Bangladesh ($1.04 billion).

Fonti: 

 https://oec.world/en 

https://data.worldbank.org/

https://www.trademap.org/