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.

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.

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.

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

Monthly and long-term palm oil price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

Nigeria Commodity Price: Palm Oil data was reported at 873.670 USD/Metric Ton in Jun 2024. This records an increase from the previous number of 859.150 USD/Metric Ton for May 2024. Nigeria Commodity Price: Palm Oil data is updated monthly, averaging 762.830 USD/Metric Ton from Jan 2009 (Median) to Jun 2024, with 186 observations. The data reached an all-time high of 1,776.960 USD/Metric Ton in Mar 2022 and a record low of 483.490 USD/Metric Ton in Sep 2015. Nigeria Commodity Price: Palm Oil data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P001: Commodity Prices.

In Q3 2025, North America, the Palm Oil Price Index rose by 4.54% quarter-over-quarter, reflecting tighter export pressures. Check detailed insights for Europe and APAC.

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).

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.

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

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.

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

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.

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

Retail Price: DCA: Daily: Palm Oil: Assam data was reported at 138.410 INR/kg in 02 Dec 2025. This records a decrease from the previous number of 138.890 INR/kg for 01 Dec 2025. Retail Price: DCA: Daily: Palm Oil: Assam data is updated daily, averaging 114.940 INR/kg from Oct 2020 (Median) to 02 Dec 2025, with 1686 observations. The data reached an all-time high of 162.000 INR/kg in 11 Jul 2022 and a record low of 95.000 INR/kg in 04 Nov 2020. Retail Price: DCA: Daily: Palm Oil: Assam 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.

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.

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

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.

Wholesale Price: DCA: Month End: Palm Oil: South Zone: Khammam data was reported at 10,000.000 INR/Quintal in Jun 2023. This stayed constant from the previous number of 10,000.000 INR/Quintal for May 2023. Wholesale Price: DCA: Month End: Palm Oil: South Zone: Khammam data is updated monthly, averaging 10,000.000 INR/Quintal from Dec 2022 (Median) to Jun 2023, with 6 observations. The data reached an all-time high of 10,000.000 INR/Quintal in Jun 2023 and a record low of 9,900.000 INR/Quintal in Dec 2022. Wholesale Price: DCA: Month End: Palm Oil: South Zone: Khammam 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: Month End: by Cities: Palm Oil (Discontinued).