China’s Palm Oil Market – Opportunities for Malaysian Palm Oil Palm oil is among the major edible oils and fats consumed in China. In 2020, palm oil market share registered 17.0% in China’s total oils and fats consumption. It ranked second behind soybean oil which accounted for 42.0% of China’s oils and fats consumption. In China’s palm oil market, there are 2 main factors affecting […]
Maintaining Malaysian Palm Oil Market Share in Nigeria Nigeria is Africa’s largest economy but its economy is highly dependent on petroleum and fluctuation in crude oil prices and production cause a major effect on its economy. Petroleum and natural gas sectors account for about 9 percent of the national gross domestic product (GDP), approximately 85 percent of its total export earnings, and about […]
Palm Oil Sectoral Growth in USA, Mexico and Haiti 1. USA US is a major market for oils and fats. The consumption of oils and fats have been increasing steadily over the past three years. In 2020 US palm oil consumption amounted to 1.4 million tonnes or about 6% of the total oils and fats consumption. The US palm oil imports have been increasing […]