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.

Malaysia RBD Palm Stearin Export Price, fob data was reported at 1,877.500 MYR/Ton in Nov 2018. This records a decrease from the previous number of 2,146.000 MYR/Ton for Oct 2018. Malaysia RBD Palm Stearin Export Price, fob data is updated monthly, averaging 1,322.500 MYR/Ton from Jan 1983 (Median) to Nov 2018, with 431 observations. The data reached an all-time high of 3,818.500 MYR/Ton in Feb 2011 and a record low of 426.500 MYR/Ton in Sep 1986. Malaysia RBD Palm Stearin Export Price, fob data remains active status in CEIC and is reported by Malaysian Palm Oil Board. The data is categorized under Global Database’s Malaysia – Table MY.P002: Palm Oil Price.

View monthly updates and historical trends for Malaysia Palm Oil Price. Source: World Bank. Track economic data with YCharts analytics.

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.

Malaysia Crude Palm Oil Price: Local Delivery: Mo Wt Avg: 2M Forward data was reported at 2,128.000 MYR/Ton in Oct 2018. This records a decrease from the previous number of 2,136.000 MYR/Ton for Sep 2018. Malaysia Crude Palm Oil Price: Local Delivery: Mo Wt Avg: 2M Forward data is updated monthly, averaging 1,951.250 MYR/Ton from Jan 1994 (Median) to Oct 2018, with 298 observations. The data reached an all-time high of 3,784.500 MYR/Ton in Jan 2011 and a record low of 731.000 MYR/Ton in Feb 2001. Malaysia Crude Palm Oil Price: Local Delivery: Mo Wt Avg: 2M Forward data remains active status in CEIC and is reported by Malaysian Palm Oil Board. The data is categorized under Global Database’s Malaysia – Table MY.P002: Palm Oil Price.

Malaysia RBD Palm Olein Export Price, fob data was reported at 2,421.000 MYR/Ton in Jun 2018. This records a decrease from the previous number of 2,507.000 MYR/Ton for May 2018. Malaysia RBD Palm Olein Export Price, fob data is updated monthly, averaging 1,573.750 MYR/Ton from Jan 1983 (Median) to Jun 2018, with 426 observations. The data reached an all-time high of 4,226.000 MYR/Ton in Mar 2008 and a record low of 591.500 MYR/Ton in Aug 1986. Malaysia RBD Palm Olein Export Price, fob data remains active status in CEIC and is reported by Malaysian Palm Oil Board. The data is categorized under Global Database’s Malaysia – Table MY.P002: Palm Oil 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 Malaysian crude palm oil market was estimated at $12.3B in 2024, therefore, remained relatively stable against the previous year. Overall, consumption saw a relatively flat trend pattern. Crude palm oil consumption peaked at $14.5B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

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View monthly updates and historical trends for Malaysia Palm Oil Futures Price. Source: International Monetary Fund. Track economic data with YCharts anal…

Malaysia Crude Palm Kernel Oil Price: Local Delivery(LD): Mo Wt Avg: Spot data was reported at 2,819.500 MYR/Ton in Nov 2018. This records a decrease from the previous number of 3,251.000 MYR/Ton for Oct 2018. Malaysia Crude Palm Kernel Oil Price: Local Delivery(LD): Mo Wt Avg: Spot data is updated monthly, averaging 1,871.000 MYR/Ton from Jan 1983 (Median) to Nov 2018, with 431 observations. The data reached an all-time high of 7,774.000 MYR/Ton in Jan 2017 and a record low of 410.000 MYR/Ton in Sep 1986. Malaysia Crude Palm Kernel Oil Price: Local Delivery(LD): Mo Wt Avg: Spot data remains active status in CEIC and is reported by Malaysian Palm Oil Board. The data is categorized under Global Database’s Malaysia – Table MY.P002: Palm Oil Price.

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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

In 2023, the average annual producer price for palm oil fresh fruit bunches (FFB) in Malaysia reached approximately ***** U.S. dollars per metric ton, a decrease compared to the previous year. The production volume of FFB in the country reached around 15.8 metric tons per hectare in that year.

Malaysia Crude Palm Kernel Oil Price: LD: Mo End: 2M Forward data was reported at 2,957.500 MYR/Ton in Nov 2018. This records a decrease from the previous number of 3,168.500 MYR/Ton for Oct 2018. Malaysia Crude Palm Kernel Oil Price: LD: Mo End: 2M Forward data is updated monthly, averaging 2,516.500 MYR/Ton from Jul 1996 (Median) to Nov 2018, with 269 observations. The data reached an all-time high of 8,251.000 MYR/Ton in Jan 2017 and a record low of 850.000 MYR/Ton in Feb 2001. Malaysia Crude Palm Kernel Oil Price: LD: Mo End: 2M Forward data remains active status in CEIC and is reported by Malaysian Palm Oil Board. The data is categorized under Global Database’s Malaysia – Table MY.P002: Palm Oil Price.

Statistics illustrates monthly prices of crude palm oil in Malaysia from January 2019 to November 2025.

The average crude palm oil export price stood at $1,075 per ton in March 2025, with a decrease of -4.3% against the previous month.

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).

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

MALAYSIA : ANNUAL AVERAGE PRICE OF CRUDE PALM OIL

The revenue of the palm fruit oil market in Malaysia amounted to $X in 2017, surging by X% against the previous year. Overall, palm fruit oil consumption continues to indicate a strong increase. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the palm fruit oil market reached their peak level, and is likely to continue its growth in the immediate term.In 2017, production of palm fruit oil in Malaysia totaled X tons, going up by X% against the previous year.