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 December 2021, the average retail price of palm oil per kilogram in the capital of India, Delhi, was above ***** Indian rupees. The national average of palm oil retail price per kilogram was more than ***** Indian rupees.

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

India Retail Price: DCA: Month End: Palm Oil: North Zone data was reported at 129.120 INR/kg in Nov 2025. This records an increase from the previous number of 127.850 INR/kg for Oct 2025. India Retail Price: DCA: Month End: Palm Oil: North Zone data is updated monthly, averaging 86.290 INR/kg from Jan 2014 (Median) to Nov 2025, with 142 observations. The data reached an all-time high of 152.970 INR/kg in May 2022 and a record low of 60.000 INR/kg in Nov 2014. India Retail Price: DCA: Month End: Palm Oil: North Zone data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Month End: by Zone.

The Indian refined palm oil market reached $5.9B in 2024, approximately reflecting the previous year. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Refined palm oil consumption peaked at $6.3B in 2022; however, from 2023 to 2024, consumption failed to regain momentum.

Retail Price: DCA: Daily: Palm Oil: Kerala data was reported at 148.230 INR/kg in 02 Dec 2025. This records an increase from the previous number of 148.080 INR/kg for 01 Dec 2025. Retail Price: DCA: Daily: Palm Oil: Kerala data is updated daily, averaging 94.170 INR/kg from Jan 2014 (Median) to 02 Dec 2025, with 3197 observations. The data reached an all-time high of 168.750 INR/kg in 10 May 2022 and a record low of 60.000 INR/kg in 24 Dec 2018. Retail Price: DCA: Daily: Palm Oil: Kerala data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Daily: by States: Palm Oil.

Palm Oil Price in India - 2023. Find the latest marketing data on the IndexBox platform.

India's refined palm oil price sees a slight increase, now at $997 per ton. Stay updated on the latest commodity market trends with our comprehensive news coverage.

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 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.

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 2024, the Indian palm oil market decreased by -5.1% to $8.2B, falling for the second consecutive year after two years of growth. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $11B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

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

Retail Price: DCA: Monthly Average: Palm Oil: All India data was reported at 76.770 INR/kg in Nov 2018. This records a decrease from the previous number of 77.270 INR/kg for Oct 2018. Retail Price: DCA: Monthly Average: Palm Oil: All India data is updated monthly, averaging 67.290 INR/kg from Jan 2009 (Median) to Nov 2018, with 119 observations. The data reached an all-time high of 78.340 INR/kg in Jul 2018 and a record low of 44.000 INR/kg in Feb 2009. Retail Price: DCA: Monthly Average: Palm Oil: All India data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PB061: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Palm Oil.

In June 2023, Palm Oil was priced at $938 per ton (CIF, India), showing a decline of -7.9% compared to the previous month.

Retail Price: DCA: Daily: Palm Oil: Andhra Pradesh data was reported at 126.200 INR/kg in 02 Dec 2025. This records a decrease from the previous number of 126.580 INR/kg for 01 Dec 2025. Retail Price: DCA: Daily: Palm Oil: Andhra Pradesh data is updated daily, averaging 94.000 INR/kg from Jan 2014 (Median) to 02 Dec 2025, with 4090 observations. The data reached an all-time high of 164.250 INR/kg in 15 Mar 2022 and a record low of 58.000 INR/kg in 06 Dec 2015. Retail Price: DCA: Daily: Palm Oil: Andhra Pradesh data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Daily: by States: Palm Oil.

Wholesale Price: Average: Palm Oil: North-East Zone: Agartala data was reported at 9,617.860 INR/Quintal in Jun 2023. This records a decrease from the previous number of 10,222.220 INR/Quintal for May 2023. Wholesale Price: Average: Palm Oil: North-East Zone: Agartala data is updated monthly, averaging 12,231.250 INR/Quintal from May 2009 (Median) to Jun 2023, with 34 observations. The data reached an all-time high of 15,650.000 INR/Quintal in Jun 2022 and a record low of 4,300.000 INR/Quintal in Aug 2009. Wholesale Price: Average: Palm Oil: North-East Zone: Agartala data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PD: Wholesale Price: Department of Consumer Affairs: Agriculture Commodities: Monthly Average: by Cities: Palm Oil (Discontinued).

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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

32637 Global import shipment records of Palm Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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