It is estimated that around 50 per cent of deforestation in Indonesia in the first decade of the millennium was attributable to palm oil. Use of palm oil can be traced as far back as 5000 years ago. Palm Oil Production by Country in 1000 MT. Learn more about how Statista can support your business. (January 15, 2020). 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. The monthly U.S. oil production reached 10.07 million b/d in November 2017, the highest monthly level of crude oil production in U.S. history. It is the most efficient producer of oil among the oil crops. This statistic is not included in your account. You only have access to basic statistics. There is a big difference between palm kernel oil and the typical palm oil. Thailand: 3,100,000. In 2016, Indonesia produced over 34.6 billion tons of palm oil, and exported nearly 73% of it. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Research expert covering agriculture & FMCG, Profit from additional features with an Employee Account. Added to this, several countries have recently expressed interest in attracting increased investment in palm oil production and processing, such as Tanzania. During the industrial revolution, palm oil became the most sought-after commodity because it was used as an industrial lubricant for machinery. The problem is particularly acute in Indonesia and Malaysia, which produce around 85 per cent of the world’s palm oil. (2020). Accessed December 21, 2020. https://www.statista.com/statistics/613471/palm-oil-production-volume-worldwide/. As a Premium user you get access to background information and details about the release of this statistic. 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. US Department of Agriculture, USDA Foreign Agricultural Service. New, Figures and insights about the advertising and media world, Industry Outlook Chart. Other important producing countries are Colombia, Nigeria and Thailand. It is estimated that by 2020, the palm oil project in Indonesia will cover approximately 12 million hectares. Overall, the value of palm oil exports fell by an average -20.8% for all exporting countries since 2015 when palm oil shipments were valued at $29.3 billion. A paid subscription is required for full access. Profit from additional features by authenticating your Admin account. Leading global palm oil companies based on market cap 2018, Average prices for palm oil worldwide from 2014 to 2025. "Production volume of palm oil worldwide from 2012/13 to 2019/20 (in million metric tons)." Register in seconds and access exclusive features. Palm oil has been used widely to manufacture soap, and the earliest pioneers were the Lever brothers, now known as the Unilever. Please authenticate by going to "My account" → "Administration". Indonesia was producing 35% of the world’s palm oil in 2012, and India and China are the importers of Indonesia’s palm oil. 1. 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 … Few Indonesian industries have shown such robust growth as the domestic palm oil industry during the past 20 years. Indonesia was producing 35% of the world’s palm oil in 2012, and India and China are the importers of Indonesia’s palm oil. January 15, 2020. and over 1 Mio. Leading Countries Growing Dates (Fresh Date Palm Fruits), The World’s Largest Oil Reserves By Country, Top Cotton Producing Countries In The World. (Values in Metric Tons) Indonesia: 43,500,000. The following year, the country saw an increase in yield of 400,000 tonnes of palm oil and 300,000 tonnes of palm kernels. Thailand is the third-best maker of palm oil on the planet, Therefore, most of the makers in the nation are the little scale ranchers, who are in charge of 76% of the nation’s yield. Map. 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. 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. Oil palm has the highest average productivity compared to other major crops. Meanwhile, the palm oil industry has grown in other parts of the globe. 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. Palm Oil Production by Country. The palm oil in its natural state has a reddish color as a result of the high content of beta-carotene. 33.4m 53.3% 19.9m 32% 1.8m 3% 1.2m 2% 0.94m 1.5% 0.53m 0.8% 0.52m 0.8% 0.5m 0.8% 3.6m 5.8% Global Palm Oil Production 2015 – MMT Indonesia Malaysia Thailand Colombia Nigeria Ecuador Guatemala Papua/NGuinea Other Indonesia & Malaysia = 84 % market share Data: oil world June 2016 database. Indonesia: Palm Oil Production Prospects Continue to Grow. Originally found in West Africa, the oil palm tree is now cultivated across Asia, Africa and Latin America. Global sales from palm oil exports by country totaled an estimated US$23.2 billion in 2019. Year over year, palm oil imports dropped -21.4% from 2018 to 2019. blue marble citizen. Which country produces the most Oil Cakes? 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 … Then you will be able to mark statistics as favourites and use personal statistics alerts. Palm oil production in the country rose from 6.39 million tons in 2007 to 10.78 million tons in 2011. The oil palm tree (Elaeis guineensis) is a native to West Africa and was imported into SE Asia in the mid 19th century. Indonesia and Malaysia are by far the largest palm oil-producing nations. Oil palm flourishes in the humid tropics and produces high yield when grown 10 … The province of Surat Thani had the highest production of palm oil accounting for 26.59% of all the country’s production. Colombia: 1,670,000. Google Map Location -- Click Here Palm oil is an edible vegetable oil high in saturated fats and free of trans fats. … Latin America, for example, has seen an uptick in palm production. Where Are Indonesia's Palm Oil Plantations Located? This biannual report, published in June and December, includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in coffee. Although palm oil has been used as a cooking oil for centuries, it became increasingly popular as an economical source for cooking among the rapidly-growing populations of Asia and Africa. Rank. By 1870s, palm oil was the primary export product from West Africa for countries such as Nigeria and Ghana. Malaysia possesses large plantations, and as of 2016, the country’s total palm oil production amounted to 2.1 million metric tons. Palm oil creation in the nation ascended from 6.39 million tons in 2007 to 10.78 million tons in 2011. 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