The Bangladeshi refined palm oil market rose sharply to $1.5B in 2024, surging by 8.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a measured increase from 2012 to 2024: its value increased at an average annual rate of +2.1% over the last twelve-year period.

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.

In 2024, the Bangladeshi crude palm oil market was finally on the rise to reach $13M for the first time since 2021, thus ending a two-year declining trend. In general, consumption faced a sharp decrease. Crude palm oil consumption peaked at $883M in 2013; however, from 2014 to 2024, consumption remained at a lower figure.

In 2023, approx. 28K tons of crude palm oil were imported into Bangladesh; picking up by 1.8% on the year before.

The Bangladeshi palm oil market was estimated at $1.5B in 2024, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a mild downturn. Over the period under review, the market reached the maximum level at $1.9B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.