Palm Oil rose to 4,175 MYR/T on July 11, 2025, up 0.68% from the previous day. Over the past month, Palm Oil's price has risen 8.72%, and is up 6.67% compared to the same time last year, 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 July of 2025.

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

Graph and download economic data for Global price of Palm Oil (PPOILUSDQ) from Q1 1990 to Q1 2025 about oil, World, food, and price.

This statistic depicts the average annual prices for palm oil from 2014 through 2026*. In 2023, the average price for palm oil stood at 886 nominal U.S. dollars per metric ton.

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

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.

Indonesia Exports of palm oil and its fractions, not chemically modified to India was US$4.52 Billion during 2023, according to the United Nations COMTRADE database on international trade. Indonesia Exports of palm oil and its fractions, not chemically modified to India - data, historical chart and statistics - was last updated on July of 2025.

Indonesia is the world’s top producer and exporter of palm oil. In 2024, its oil palm production was estimated at around **** million metric tons. Oil palm estates in Indonesia Palm oil is one of Indonesia’s largest agricultural export commodities, and large swathes of land are cleared each year for palm oil plantations. Indonesian palm oil estates fall under three categories: large private plantations, smallholders, and state-owned. Most of the oil palm plantations were located in three areas: Riau, Kalimantan, and Sumatera. Unsurprisingly, these provinces account for most of the production of palm oil as well. Effects of palm oil production In recent years, the production of palm oil had come under increased global scrutiny and criticism, due to its detrimental effects on the environment. In Indonesia, many plantations practice slash-and-burn agriculture to quickly clear the land for new plantings. This has resulted in annual air pollution problems that spread to neighboring Singapore and Malaysia. Furthermore, Indonesia has lost much of its rainforest cover to oil palm monoculture, especially in Kalimantan and Sumatra. Some measures already exist to ensure sustainable and environmentally friendly production practices. In 2008, the Roundtable on Sustainable Palm Oil (RSPO) introduced certain criteria that producers must comply with to produce Certified Sustainable Palm Oil (CSPO). However, as of 2021, Indonesia had produced just around ** million metric tons of certified sustainable palm oil.

United States Imports from Malaysia of Palm oil and its fractions, not chemically modified was US$204.09 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Malaysia of Palm oil and its fractions, not chemically modified - data, historical chart and statistics - was last updated on June of 2025.

In 2023/24, palm oil consumption amounted to around 75 million metric tons worldwide. That figure is projected to increase to approximately 78 million metric tons during 2024/25. Consumption of palm oil worldwide Palm oil is an edible vegetable oil commonly used for food products, detergents, and cosmetics. In the United States, palm oil consumption amounts to approximately 1.7 million metric tons annually. In comparison, palm oil consumption in the European Union is about three times as high. Nonetheless, palm oil consumption in the European Union has dropped significantly during the last two years. After constantly being close to 6.6 million metric tons between 2015 and 2020, consumption levels dropped to five million in 2021 and has not increased much since. Palm oil consumption in Indonesia is almost 20 million metric tons, which is significantly more than in any other country in the world. Indonesia’s palm oil consumption has nearly tripled during the last decade. Palm oil in China China's total imports of palm oil amount to approximately 7.2 million tons per year. More than half of those are imported from Indonesia, the leading palm oil producer worldwide. Furthermore, China's imports of palm oil from Malaysia amount to about 1.7 million metric tons, which is slightly less than a quarter of the total palm oil imports. In 2022, China’s total consumption of palm oil amounted to about 6.7 million metric tons. China’s palm oil consumption saw a noticeable increase in 2018. That year, consumption levels increased by almost two million metric tons, from 5.1 to seven million metric tons. Chinese palm oil consumption has remained at a similar level ever since, except during the pandemic year of 2021.

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.

Sunflower Oil rose to 1,245.50 INR/10 kg on July 14, 2025, up 0.61% from the previous day. Over the past month, Sunflower Oil's price has fallen 3.04%, but it is still 37.43% higher than a year ago, 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.

Malaysia Exports of palm oil and its fractions, not chemically modified to Libya was US$1.36 Million during 2024, according to the United Nations COMTRADE database on international trade. Malaysia Exports of palm oil and its fractions, not chemically modified to Libya - data, historical chart and statistics - was last updated on June of 2025.

During 2023/24, the domestic consumption of palm oil in the Philippines reached 1.11 million metric tons, indicating a minimal increase from the previous year. The total volume of palm oil consumed globally reached 79 million metric tons in the same period.

In 2023, the production volume of crude palm oil in Malaysia amounted to approximately 18.55 million metric tons, an increase from 18.42 million metric tons in the previous year. Malaysia is the second-largest producer of palm oil globally, after Indonesia.

Indonesia is the world’s largest exporter of palm oil. In 2024, its total palm oil exports amounted to **** million metric tons, indicating a decrease from the previous year. Palm oil exports The bulk of Indonesia’s palm oil was made up of crude palm oil and refined palm oil, with crude palm oil (CPO) exports reaching around ** million metric tons in 2022. In that year, the export value of this commodity was about **** billion U.S. dollars. Main export markets The main export market for Indonesian CPO was India, which made up more than ** percent of the total CPO exports in 2022. India was in turn the world’s largest importer of palm oil in that year. In 2019, India introduced higher import duties on palm oil, leading to a decline in demand from this market. However, Indonesian palm oil exports were buffeted by increased demand from China, which sought alternative vegetable oil supplies due to restrictions caused by the trade war with the U.S.

Malaysia Exports of palm oil and its fractions, not chemically modified to Norway was US$54.43 Thousand during 2024, according to the United Nations COMTRADE database on international trade. Malaysia Exports of palm oil and its fractions, not chemically modified to Norway - data, historical chart and statistics - was last updated on July of 2025.

In the oil year 2023-2024, the import volume of palm oil to India was about ************ metric tons. This was a decrease as compared to the previous year, when about ** million metric tons of palm oil was imported into the country.

Ghana Exports of palm oil and its fractions, not chemically modified to Spain was US$65.69 Thousand during 2023, according to the United Nations COMTRADE database on international trade. Ghana Exports of palm oil and its fractions, not chemically modified to Spain - data, historical chart and statistics - was last updated on June of 2025.