Malaysia Palm Oil Board Statistics

Malaysia currently accounts for 28 of world palm oil production and 33 of world exports.

Malaysia palm oil board statistics. Oil palm was a major contributor to the gdp of agriculture sector at 37 9 in 2018 in 2018 agriculture sector contributed rm99 5 billion 7 3 to the gdp production of natural rubber 603 3 thousand tonnes in 2018. Google map location click here. Financial performance of certified palm oil companies in malaysia 212 views. The government and malaysian palm oil board shall not be liable for any loss or damage caused by the usage of any information obtained from this site.

A comparative analysis of agricultural practices costs and yields of pre and post malaysian sustainable palm oil mspo certification for independent smallholders in malaysia 309 views. Malaysia s exports of palm oil to china were up 69 in september when compared to march and those to india climbed 42. India the european union and china. Companies referred to in this website shall not be construed as agents nor as companies by the malaysian palm oil board.

In 2011 the combined production of palm oil for malaysia and indonesia was 42 81 million tons out of 50 32 million tons of the global production. In 1985 1 5 million hectares were planted with palm tree and it had increased to 4 3 million hectares in 2007. In 2018 malaysian exports made up around a third of the global palm oil exports and especially to malaysia s key palm oil export markets. Also indonesia exports to india rose 22 from a year earlier in the first seven.

The malaysian palm oil board says palm oil produces up to 10 times more yield than other oilseed crops like rapeseed soybean olive and sunflower which western countries produce. Palm oil is derived from the flesh of the fruit of the oil palm species e. If taken into account of other oils fats produced in the country malaysia accounts for 9 5 and 19 7 of the world s total production and exports of oils and fats. Malaysian palm oil industry oil palm in malaysia.

Monthly palm oil trade statistics. Malaysia and indonesia being the two largest palm oil producers in the world produced a total of 36 million tonnes of palm oil in 2007. Crude palm oil futures rose to above rm2 600 per tonne in the last week of october as demand from china and india the world s two biggest consumers of palm oil has been recovering quickly. Oil palm elaeis guineensis was first introduced to malaysia as an ornamental plant in 1870.

Since 1960 planted area had increased at a rapid pace. World palm oil supply forecast 422 views.