• palm oil 2025 data chart calendar forecast news in Cape Town
  • palm oil 2025 data chart calendar forecast news in Cape Town
  • palm oil 2025 data chart calendar forecast news in Cape Town
  • palm oil 2025 data chart calendar forecast news in Cape Town
  • What was the global palm oil market in 2023?
  • Global palm oil market in 2023 was USD 70.95 billion. Demand for palm oil grew 8.3% in 2024 compared to the previous year, so global market will be USD 76.8 billion in 2025 . Global sales between 2025 to 2035 will be expanding at 4.5% CAGR, eventually reaching USD 119.1 billion in 2035.
  • How much will palm oil cost in 2025 ?
  • According to the Council of Palm Oil Producing Countries (CPOPC), palm oil prices are projected to fluctuate between RM4000-5000/tonne (US$899-US$1124) in 2025 . The prediction, as reported by the New Straits Times (NST), fundamentally relies on stagnating production in chief markets, particularly Indonesia and Malaysia.
  • How is the palm oil market segmented in 2020-2031?
  • Palm Oil market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
  • How to forecast the palm oil market?
  • The research analyses the Palm Oil parent market, derived market, intermediaries’ market, raw material market, and substitute market are all evaluated to better prospect the Palm Oil market outlook. Geopolitical analysis, demographic analysis, and Porter’s five forces analysis are prudently assessed to estimate the best Palm Oil market projections.
  • Why did palm oil prices stabilize in May 2024?
  • Palm oil prices increase production constraints persisted, despite these issues, the demand for palm oil from the food industry stayed strong, with a 3% increase in processed food consumption. In May 2024, Palm oil prices stabilized as the supply dynamics strengthened in the Southeast Asian market.
  • Will the palm oil market remain volatile through 2030?
  • However, the Palm oil market is likely to remain volatile through 2030. Factors such as ongoing climate change impacts, changes in trade policies, and evolving consumer preferences towards sustainable and alternative oils will influence price fluctuations and market stability.