Palm Oil rose to 4,134 MYR/T on December 2, 2025, up 1.00% from the previous day. Over the past month, Palm Oil's price has risen 0.46%, but it is still 18.56% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on December of 2025.

Crude palm oil imports into India rose rapidly to 7.1M tons in 2023, with an increase of 6.8% against the previous year.

In 2024, the Indian crude palm oil market decreased by -4.8% to $6B, falling for the third year in a row after two years of growth. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $7.3B. From 2022 to 2024, the growth of the market remained at a lower figure.

In July 2022, the crude palm oil price per ton stood at $1.5K (CIF, India), reducing by -14% against the previous month.

This statistic depicts the average annual prices for palm oil from 2014 through 2027*. In 2025, the average price for palm oil stood at 1,020 nominal U.S. dollars per metric ton.

NCDEX: Spot Price: Crude Palm Oil: Kandla: First Session data was reported at 1,132.250 INR/10 kg in 01 Dec 2025. This records an increase from the previous number of 1,129.000 INR/10 kg for 28 Nov 2025. NCDEX: Spot Price: Crude Palm Oil: Kandla: First Session data is updated daily, averaging 1,296.000 INR/10 kg from Jan 2024 (Median) to 01 Dec 2025, with 467 observations. The data reached an all-time high of 1,347.900 INR/10 kg in 06 Dec 2024 and a record low of 768.700 INR/10 kg in 03 Jan 2024. NCDEX: Spot Price: Crude Palm Oil: Kandla: First Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB: Commodity Spot Price: National Commodity & Derivatives Exchange Limited.

This statistic depicts the average monthly prices for palm oil worldwide from January 2014 through October 2025. In October 2025, the average monthly price for palm oil worldwide stood at ******** nominal U.S. dollars per metric ton.

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Palm Oil Market Size 2025-2029

The palm oil market size is valued to increase USD 54.4 billion, at a CAGR of 9% from 2024 to 2029. Increasing consumer awareness regarding health benefits of palm oil will drive the palm oil market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 73% growth during the forecast period.
By Application - Edible oil segment was valued at USD 54.00 billion in 2023
By Type - Conventional segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 92.90 billion
Market Future Opportunities: USD 54.40 billion
CAGR : 9%
APAC: Largest market in 2023

Market Summary

The market encompasses the production, refining, and distribution of palm oil and its derivatives. This dynamic market is driven by the increasing demand for palm oil in core applications, such as food, cosmetics, and biodiesel. According to recent reports, the food industry accounts for approximately 65% of palm oil consumption, with the biodiesel sector emerging as a significant growth avenue. However, the market faces challenges from environmental concerns, particularly regarding deforestation and plant diversity losses. In 2020, it was estimated that around 10 million hectares of forest were lost due to palm oil cultivation. Despite these challenges, opportunities for sustainable production and innovative technologies continue to unfold, ensuring the market remains a vital and evolving sector in the global economy.

What will be the Size of the Palm Oil Market during the forecast period?

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How is the Palm Oil Market Segmented and what are the key trends of market segmentation?

The palm oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Edible oil
  Surfactants
  Bio-diesel
  Others


Type

  Conventional
  Organic


Geography

  Europe

    Germany
    UK


  Middle East and Africa

    Qatar
    UAE


  APAC

    China
    India
    Indonesia
    Malaysia
    Pakistan


  Rest of World (ROW)

By Application Insights

The edible oil segment is estimated to witness significant growth during the forecast period.

Palm oil, a widely used edible oil, holds significant importance in various industries, particularly in Asia. Approximately 45% of global palm oil production is attributed to palm fruit oil, primarily used in food processing due to its lower trans fat content and cost-effectiveness. Palm kernel oil, the other form, accounts for around 25% of the production. The food sector's reliance on palm oil is increasing, with an estimated 67% of its usage in food manufacturing. Moreover, the environmental impact of palm oil production is a growing concern. To address this, initiatives focusing on deforestation monitoring, water use efficiency, extraction rate optimization, and carbon footprint reduction are gaining traction.

The industry is also investing in soil nutrient management, palm oil byproducts utilization, and traceability systems to enhance supply chain transparency. The market's future growth is promising, with an anticipated 20% increase in demand for palm oil byproducts in the next five years. Additionally, there is a rising trend towards sustainable palm oil production, with RSPO certification becoming increasingly common. Oil palm cultivation is also evolving, with the adoption of high-yielding varieties, integrated pest management, and oil palm genetics. In terms of production processes, improvements in palm oil fractionation, fertilizer application techniques, biodiesel production, and irrigation efficiency are essential for maintaining competitiveness.

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The Edible oil segment was valued at USD 54.00 billion in 2019 and showed a gradual increase during the forecast period.

Furthermore, biomass utilization and palm oil refining are being explored to minimize waste and optimize resource utilization. Smallholder farmers are also receiving support to improve their productivity and sustainability through various initiatives. These efforts aim to ensure the long-term viability of the palm oil industry while minimizing its environmental impact.

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Regional Analysis

APAC is estimated to contribute 73% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in the Asia Pacific (APAC) region experiences significant growth, driven by the expanding economies of China, Australia, Thailand, South Ko

Access updated Palm Oil import data India with HS Code, price, importers list, Indian ports, exporting countries, and verified Palm Oil buyers in India.

Sunflower Oil rose to 1,426.40 INR/10 kg on December 2, 2025, up 0.68% from the previous day. Over the past month, Sunflower Oil's price has risen 0.79%, and is up 8.44% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Sunflower Oil.

NCDEX: Spot Price: Crude Palm Oil: Kakinada: First Session data was reported at 1,144.600 INR/10 kg in 02 Dec 2025. This records an increase from the previous number of 1,144.150 INR/10 kg for 01 Dec 2025. NCDEX: Spot Price: Crude Palm Oil: Kakinada: First Session data is updated daily, averaging 1,255.000 INR/10 kg from Jan 2024 (Median) to 02 Dec 2025, with 465 observations. The data reached an all-time high of 1,320.000 INR/10 kg in 11 Nov 2024 and a record low of 767.500 INR/10 kg in 04 Jan 2024. NCDEX: Spot Price: Crude Palm Oil: Kakinada: First Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB: Commodity Spot Price: National Commodity & Derivatives Exchange Limited.

View details of Crude Palm Oil imports shipment data in May with price, HS codes, major Indian ports, countries, importers, buyers in India, quantity and more.

Get the latest insights on price movement and trend analysis of RBD Palm Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

NCDEX: Spot Price: Crude Palm Oil: Kandla: Second Session data was reported at 1,134.150 INR/10 kg in 02 Dec 2025. This records an increase from the previous number of 1,132.150 INR/10 kg for 01 Dec 2025. NCDEX: Spot Price: Crude Palm Oil: Kandla: Second Session data is updated daily, averaging 867.650 INR/10 kg from Jan 2023 (Median) to 02 Dec 2025, with 709 observations. The data reached an all-time high of 1,347.650 INR/10 kg in 06 Dec 2024 and a record low of 756.050 INR/10 kg in 22 Sep 2023. NCDEX: Spot Price: Crude Palm Oil: Kandla: Second Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB: Commodity Spot Price: National Commodity & Derivatives Exchange Limited.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

As of October 2022, refined rapeseed oil had the highest rate of import duty at about ** percent in India. In comparison, crude soybean oil, sunflower oil, and palm oil had an import duty rate of over **** percent each.

NCDEX: Spot Price: Crude Palm Oil: Kakinada: Second Session data was reported at 1,144.600 INR/10 kg in 02 Dec 2025. This records an increase from the previous number of 1,139.150 INR/10 kg for 01 Dec 2025. NCDEX: Spot Price: Crude Palm Oil: Kakinada: Second Session data is updated daily, averaging 850.000 INR/10 kg from Jan 2023 (Median) to 02 Dec 2025, with 694 observations. The data reached an all-time high of 1,315.000 INR/10 kg in 21 Feb 2025 and a record low of 735.000 INR/10 kg in 22 Sep 2023. NCDEX: Spot Price: Crude Palm Oil: Kakinada: Second Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB: Commodity Spot Price: National Commodity & Derivatives Exchange Limited.

In Q3 2025, North America, the Palm Kernel Oil Price Index rose by 1.69% quarter-over-quarter, driven by tighter supplies. Check detailed insights for Europe and APAC.

View details of Crude Palm Oil imports shipment data HS code 15111000 to India from Indonesia to Kakinada with price, date, importers, buyers in Delhi, quantity and more.

Get detailed and the latest Crude Palm Kernel Oil import data of HS code 15132110 India with customs shipment details as price, date, Indian import port, importers and buyers in India.