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.

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

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.

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

Indonesia International Indicators: International Commodity Price: Crude Palm Oil (CPO) data was reported at 1,070.597 USD/Metric Ton in Feb 2025. This records an increase from the previous number of 1,039.440 USD/Metric Ton for Jan 2025. Indonesia International Indicators: International Commodity Price: Crude Palm Oil (CPO) data is updated monthly, averaging 678.477 USD/Metric Ton from Jan 2014 (Median) to Feb 2025, with 134 observations. The data reached an all-time high of 1,652.529 USD/Metric Ton in Mar 2022 and a record low of 435.238 USD/Metric Ton in Nov 2018. Indonesia International Indicators: International Commodity Price: Crude Palm Oil (CPO) data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Monetary – Table ID.KAI002: Financial System Statistics: Macroeconomic Indicator.

Graph and download economic data for Global price of Palm Oil (PPOILUSDM) from Jan 1990 to Jun 2025 about oil, World, food, and price.

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.

The Nigerien crude palm oil market rose notably to $1.4B in 2024, surging by 6.2% against the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2024: its value increased at an average annual rate of +3.9% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -9.1% against 2022 indices.

As of December 2024, the average monthly price for crude palm oil in Malaysia was approximately 5,120 Malaysian ringgit per metric ton, an increase compared to the same period in the previous year. The average price of Malaysian crude palm oil has been increasing in that year.

In May 2023, the price of Crude Palm Oil reached $1,074 per ton (CIF, United Kingdom), showing a decrease of -3.3% compared to the previous month.

Learn about the various factors that influence the price of crude palm oil, including production levels, global demand, government policies, and market forces. Discover why understanding these factors is crucial for participants in the palm oil industry.

Snapshot img

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?

Get Key Insights on Market Forecast (PDF) Request Free Sample

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.

Request Free Sample

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.

Request Free Sample

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.

See How Palm Oil Market Demand is Rising in APAC Request Free Sample

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

In 2023, domestic market sales accounted for ** percent of the total sales of palm oil in Colombia, while the export markets accounted for ** percent. Edible oils and fats accounted for almost half of the total sales of palm oil in the country that year. That year, the crude palm oil production value reached over *** million metric tons, and the area of oil palm cultivated surpassed *** thousand hectares.

The global Palm Oil Fatty Acid Products market is experiencing a period of significant growth, fueled by its diverse applications across numerous industries and its cost-effectiveness compared to other vegetable oils. The market is projected to grow from an estimated $24.00 billion in 2025 to over $37.36 billion by 2033, with a Compound Annual Growth Rate (CAGR) of 5.689%. This expansion is driven by a rising global population, increasing demand for sustainable and bio-based products, and the versatility of palm oil derivatives in food, cosmetics, and industrial applications.

Key strategic insights from our comprehensive analysis reveal:

The market is experiencing a notable trend toward sustainability and traceability, with consumers and regulatory bodies demanding ethically sourced palm oil to address environmental concerns like deforestation.

A key growth driver is the expansion of the oleochemicals industry, where palm oil fatty acid products are used as a base for a wide range of sustainable chemicals, including lubricants, surfactants, and bio-based plastics.

The market faces a significant restraint in the form of price volatility of crude palm oil (CPO), which directly impacts the cost of fatty acid products and can affect the profitability of manufacturers.

Global Palm Oil Fatty Acid Products Market Overview & Dynamics

The global Palm Oil Fatty Acid Products market is a vital segment of the oleochemicals industry. Palm oil is a versatile raw material, and its derivatives, including fatty acids, are essential components in a wide range of products. The market's dynamics are shaped by a complex interplay of global economic growth, consumer demand for natural ingredients, and a heightened focus on environmental sustainability.

Global Palm Oil Fatty Acid Products Market Drivers

Growing Demand from End-Use Industries: The market is driven by increasing demand from key sectors such as food and beverages, cosmetics and personal care, and industrial applications. Palm oil fatty acid products are valued for their functional properties, including texture enhancement and stability.

Rising Global Population and Urbanization: A growing global population, coupled with rapid urbanization and rising disposable incomes in emerging economies, is leading to a greater demand for processed and convenience foods, as well as personal care products, which all use palm oil fatty acid products as a key ingredient.

Shift Towards Bio-based Products: With a global push for sustainability, there is a growing demand for bio-based and renewable alternatives to petroleum-derived chemicals. Palm oil fatty acid products serve as a crucial feedstock for the production of biodiesel and a variety of oleochemicals.

Global Palm Oil Fatty Acid Products Market Trends

Focus on Sustainable and Certified Palm Oil: A significant trend is the increasing demand for sustainable and ethically sourced palm oil. Manufacturers are adopting certifications like the Roundtable on Sustainable Palm Oil (RSPO) and leveraging digital technology for supply chain traceability to address deforestation and social concerns.

Innovation in Oleochemical Processing: There is a trend toward technological advancements in the refining and fractionation of palm oil. These innovations lead to improved product quality, higher yields, and the ability to create specialized fatty acid products with enhanced functional properties.

Expansion into Niche Applications: Manufacturers are increasingly targeting niche applications, such as high-purity fatty acids for pharmaceuticals and nutraceuticals. There is also a growing use of palm oil derivatives in bio-based lubricants and industrial surfactants.

Global Palm Oil Fatty Acid Products Market Restraints

Environmental Concerns and Negative Perception: Palm oil production is often associated with deforestation, habitat loss, and social issues. This negative perception can lead to consumer boycotts and stricter regulations, posing a significant restraint on market growth.

Volatility in Raw Material Prices: The market is highly susceptible to the fluctuating prices of crude palm oil (CPO). Geopolitical tensions and supply chain disruptions can cause significant price instability, which affects production costs and can squeeze profit margins.

Competition from Alternative Oils: The market faces competition from other vegetable oils, such as coconut and soybean oils. While p...

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

In 2023, approx. 3.6M tons of crude palm oil were exported from Indonesia; picking up by 3.8% compared with the previous year.

Learn about the various factors that influence the price of crude palm oil (CPO), including global supply and demand dynamics, weather conditions, government policies, currency fluctuations, and changes in the biodiesel industry. Stay informed to make informed decisions in the palm oil market.

1039 Global import shipment records of Palm Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

68106 Global exporters importers export import shipment records of Crude palm oil edible grade with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.