New, Everything you need to know about the industry development, Find studies from all around the internet. This video shows top palm oil producer in several decades ****Please Subscribe to this channel for more videos**** Source: Indexmundi worldstats channel,palm oil production,palm oil production … As a Premium user you get access to background information and details about the release of this statistic. A significant change in the oil palm industry has taken place during the past season, as Indonesia surpassed Malaysia in production of palm oil and is now the world leader. Chart. All maps, graphics, flags, photos and original descriptions © 2020 worldatlas.com. Palm Oil Production by Country. As a Premium user you get access to the detailed source references and background information about this statistic. Though the oil palm is native to West Africa, it is now cultivated in countries across Southeast Asia, western and central Africa, and Latin America. Please authenticate by going to "My account" → "Administration". By 1870s, palm oil was the primary export product from West Africa for countries such as Nigeria and Ghana. Jump to navigation Jump to search. The province of Surat Thani had the highest production of palm oil accounting for 26.59% of all the country’s production. Palm oil production is important to the economy of Indonesia as the country is the world's biggest producer and consumer of the commodity, providing about half of the world's supply. For example, in 2016, the country produced 36,000,000 metric tons out of which 25.1 million tons were exported. Year over year, international palm oil sales decreased by -24.7% from 2018 to 2019. Overall, the value of palm oil imports decreased by -19.6% for all importing countries since 2015 when international purchases of palm oil cost $30.5 billion. Guatemala: 852,000. A tonne is a metric ton, which is 1,000 kilograms, and equivalent to 2,204.6 pounds. Currently, Malaysia is second in palm oil production after Indonesia with its overall production accounting for 39% of the global production, while its palm oil exports account for around 44%. In May of 2019, the country became a net oil and gas exporter, the first time since 1953. The new pollination technique was a key factor in palm oil’s growth. 28.4m 50% 19.2m 34% 1.9m 3% 1m 2% 0.9m 2% 0.5m 1% 0.5m 1% 3.8m 7% Palm Oil Production 2013 - Tonnes Indonesia Malaysia Thailand Colombia Nigeria Papua/Nguinea Ecuador Other Indonesia & Malaysia = 84 % market share Data: oil world March 2014 database The largest privately owned company in the U.S.,[10] Cargill dominates the American palm oil market. In 2015, it was estimated that an average world consumption per head of palm oil stood at 17 pounds. Palm oil is an edible vegetable oil high in saturated fats and free of trans fats. This category has the following 11 subcategories, out of 11 total. Use of palm oil can be traced as far back as 5000 years ago. Indonesia and Malaysia are by far the largest palm oil-producing nations. facts. You can only download this statistic as a Premium user. Top 10 Palm Oil Producing Countries. It is capable of producing 4,080 kg of palm oil and 456 kg of palm kernel oil giving a total of 4,536 kg of palm oil products per year from a hectare of land (Table 1). Production volume of palm oil worldwide from 2012/13 to 2019/20 (in million metric tons) [Graph]. Nigeria: 1,015,000. Even more important than the size of the land area, however, is the location of the deals themselves, which, as the map depicts, is across the sensitive tropical belt. Accessed December 21, 2020. https://www.statista.com/statistics/613471/palm-oil-production-volume-worldwide/. Google Map Location -- Click Here Together they account for 85-90 percent of the total production of this vegetable oil. Bar chart showing country rankings - Palm Kernel Oil - Production in 1000 MT Production of Palm oil in the country is categorized into three; private, smallholder, and joint venture. Rank. Malaysia: 19,300,000. Grown only in the tropics, the oil palm tree produces high-quality oil … The production of palm oil is dominated by Indonesia and Malaysia, which together accounted for 85–90% of total palm oil produced in 2016.2Approximately 60% of global palm oil was derived from privately or state-owned oil palm plantations that year, while the remaining 40% was produced by 3 million smallholders who chronically obtain lower yields.11Indonesian smallholders are expected to … 1. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Product description. Palm oil is widely-used as a cooking ingredient especially in Southeast Asia and some parts of Brazil and along the tropical belt of Africa. 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