Monthly Palm Oil Trade Statistics : January – December 2022

PRODUCT	UNIT	JAN – DEC 2022	JAN – DEC 2021	CHANGE (MT/RM MIL)	CHANGE (%)
CPO	Tonnes	3,704,533	4,567,356	(862,823)	(18.89)
CPO	RM Mil	19,247.43	20,340.27	(1,093)	(5.37)
PPO	Tonnes	12,020,462	10,999,082	1,021,380	9.29
PPO	RM Mil	67,281.12	48,355.65	18,925	39.14
PALM OIL	Tonnes	15,724,996	15,566,439	158,557	1.02
PALM OIL	RM Mil	86,528.55	68,695.92	17,833	25.96
CPKO	Tonnes	259,000	352,234	(93,234)	(26.47)
CPKO	RM Mil	1,775.16	2,124.80	(350)	(16.46)
PPKO	Tonnes	778,807	724,499	54,308	7.50
PPKO	RM Mil	6,593.24	4,461.54	2,132	47.78
PALM KERNEL OIL	Tonnes	1,037,808	1,076,732	(38,924)	(3.62)
PALM KERNEL OIL	RM Mil	8,368.40	6,586.35	1,782	27.06
PALM KERNEL CAKE	Tonnes	2,146,024	2,300,759	(154,735)	(6.73)
PALM KERNEL CAKE	RM Mil	1,669.92	1,491.32	179	11.98
OLEOCHEMICALS	Tonnes	2,731,857	2,882,070	(150,213)	(5.21)
OLEOCHEMICALS	RM Mil	22,853.62	17,445.96	5,408	31.00
FINISHED PRODUCTS	Tonnes	561,179	560,565	614	0.11
FINISHED PRODUCTS	RM Mil	4,380.29	3,421.15	959	28.04
BIODIESEL	Tonnes	309,374	366,143	(56,769)	(15.50)
BIODIESEL	RM Mil	2,068.74	1,886.33	182	9.67
OTHERS	Tonnes	2,215,346	1,526,861	688,485	45.09
OTHERS	RM Mil	3,886.62	2,901.43	985	33.96
TOTAL	Tonnes	24,726,582	24,279,569	447,013	1.84
TOTAL	RM Mil	129,756.14	102,428.45	27,328	26.68

	Exports		Imports
	2022	2021	2022	2021
Jan	1,159,826	947,392	70,596	165,258
Feb	1,111,826	900,558	149,833	87,326
Mar	1,281,461	1,189,859	84,871	137,332
Apr	1,068,238	1,350,777	76,395	109,847
May	1,369,714	1,268,424	50,768	89,014
Jun	1,193,917	1,418,494	59,195	113,126
Jul	1,325,342	1,402,315	130,615	54,381
Aug	1,299,930	1,167,188	145,452	91,408
Sep	1,423,196	1,611,518	132,303	74,992
Oct	1,505,769	1,420,574	66,349	50,450
Nov	1,521,329	1,465,518	47,047	97,092
Dec	1,468,448	1,414,566	47,114	102,768
Jan-Dec	15,728,996	15,557,183	1,060,538	1,172,994

COUNTRY	JAN – DEC 2022	JAN – DEC 2021	CHANGE (MT)	CHANGE (%)
INDIA	2,898,770	3,603,311	(704,542)	(19.55)
CHINA	1,763,640	1,872,865	(109,225)	(5.83)
TURKIYE	824,771	703,588	121,182	17.22
NETHERLANDS	815,746	988,585	(172,839)	(17.48)
KENYA	763,060	672,715	90,345	13.43
PHILIPPINES	638,718	579,806	58,912	10.16
PAKISTAN	569,961	609,807	(39,846)	(6.53)
JAPAN	564,082	421,193	142,889	33.92
SAUDI ARABIA	511,754	316,947	194,807	61.46
IRAN	458,770	404,320	54,450	13.47
TOTAL	9,809,271	10,173,138	(363,867)	(3.58)

	Production		End-Stocks
	2022	2021	2022	2021
Jan	1,253,581	1,126,457	1,552,477	1,324,639
Feb	1,137,462	1,108,236	1,519,412	1,306,022
Mar	1,411,223	1,423,483	1,474,338	1,443,916
Apr	1,462,053	1,528,121	1,643,974	1,545,905
May	1,461,029	1,571,525	1,523,308	1,569,418
Jun	1,545,111	1,606,187	1,645,836	1,614,226
Jul	1,573,563	1,527,450	1,774,308	1,498,269
Aug	1,725,787	1,710,356	2,094,678	1,877,773
Sep	1,770,441	1,703,740	2,318,202	1,756,404
Oct	1,813,596	1,725,837	2,411,113	1,834,568
Nov	1,680,741	1,634,932	2,288,471	1,817,061
Dec	1,618,853	1,450,905	2,194,809	1,583,040
*Jan-Dec	1,537,787	1,509,769	1,870,077	1,597,603

* Jan – Dec Average

	CPO Local Prices
	2022	2021
Jan	5,355	3,749
Feb	5,931	3,896
Mar	6,867	4,042
Apr	6,678	4,220
May	6,873	4,572
Jun	6,106	3,831
Jul	4,063	4,129
Aug	4,169	4,555
Sep	3,737	4,556
Oct	3,682	5,051
Nov	4,088	5,341
Dec	3,961	5,070
*Jan-Dec	5,126	4,418

* Jan – Dec Average

Note: Average for Peninsular Malaysia

COUNTRY	JAN – DEC 2022	JAN – DEC 2021	CHANGE (MT)	CHANGE (%)
AFGHANISTAN	218,798	114,549	104,248	91.01
ALBANIA	814	208	606	292.13
ALGERIA	19,117	25,657	(6,540)	(25.49)
AMERICAN SAMOA	56	-	56	#N/A
ANGOLA	129,858	95,612	34,246	35.82
ANTIGUA	201	132	69	52.45
ARGENTINA	2,843	2,998	(155)	(5.18)
ARMENIA	5	-	5	#N/A
AUSTRALIA	131,173	127,887	3,286	2.57
AUSTRIA	260	-	260	#N/A
BAHRAIN	6,315	5,726	589	10.29
BANGLADESH	227,461	91,386	136,075	148.90
BARBADOS	893	230	663	288.15
BELGIUM	3,601	6,937	(3,335)	(48.08)
BENIN	92,530	44,956	47,574	105.82
BOSNIA AND HERZEGOVINA	44	24	20	82.83
BRAZIL	9,383	8,546	837	9.80
BRUNEI	8,069	7,103	966	13.60
BULGARIA	1,490	1,178	311	26.42
BURKINA FASO	1,354	-	1,354	#N/A
CAMBODIA	1,911	1,671	240	14.37
CAMEROON	11,086	16,923	(5,837)	(34.49)
CANADA	12,637	13,212	(575)	(4.35)
CENTRAL AFRICAN REPUBLIC	205	179	26	14.62
CHILE	3,654	2,636	1,018	38.62
CHINA	1,763,640	1,872,865	(109,225)	(5.83)
COLOMBIA	68	87	(18)	(21.26)
COMOROS	2,274	933	1,341	143.69
CONGO, DEMOCRATIC REP. OF THE	35,514	25,997	9,518	36.61
COSTA RICA	46	-	46	#N/A
COTE D'IVOIRE	26,915	39,215	(12,301)	(31.37)
CROATIA	10,102	9,734	368	3.78
CUBA	451	262	190	72.61
CZECH	95	-	95	#N/A
DENMARK	33,838	53,382	(19,544)	(36.61)
DJIBOUTI	277,054	162,890	114,164	70.09
DOMINICA	1,199	3,081	(1,881)	(61.07)
ECUADOR	4,960	-	4,960	#N/A
EGYPT	350,178	219,719	130,459	59.38
ERITREA	3,913	2,073	1,839	88.72
ESTONIA	2,523	-	2,523	#N/A
ETHIOPIA	6,913	12,056	(5,143)	(42.66)
FIJI	3,351	3,018	334	11.06
FRANCE	1,473	184	1,289	700.89
FRENCH POLYNESIA	40	-	40	#N/A
GABON	1,458	2,919	(1,461)	(50.04)
GAMBIA	11,603	12,322	(720)	(5.84)
GEORGIA	1,922	19,725	(17,803)	(90.25)
GERMANY	39,932	21,159	18,773	88.73
GHANA	63,255	216,808	(153,553)	(70.82)
GREECE	10,799	42,315	(31,516)	(74.48)
GRENADA	95	97	(3)	(2.72)
GUATEMALA	1,272	11,950	(10,678)	(89.36)
GUINEA	35,777	18,439	17,338	94.03
GUYANA	1,540	2,084	(544)	(26.12)
HAITI	2,567	2,092	475	22.68
HONG KONG	2,914	12,501	(9,587)	(76.69)
HUNGARY	1,296	126	1,170	928.77
INDIA	2,898,770	3,603,311	(704,542)	(19.55)
INDONESIA	1,785	2,749	(964)	(35.07)
IRAN	458,770	404,320	54,450	13.47
IRAQ	37,930	9,920	28,010	282.37
ITALY	266,770	308,127	(41,357)	(13.42)
JAMAICA	1,163	1,228	(65)	(5.27)
JAPAN	564,082	421,193	142,889	33.92
JORDAN	35,189	34,271	918	2.68
KAZAKHSTAN	23,350	9,322	14,027	150.47
KENYA	763,060	672,715	90,345	13.43
KIRIBATI	322	39	283	728.45
KUWAIT	25,020	24,479	540	2.21
KYRGYZSTAN	622	730	(108)	(14.85)
LAOS	21	154	(133)	(86.36)
LATVIA	1,504	73	1,431	1,959.78
LEBANON	6,323	4,999	1,324	26.49
LIBERIA	4,892	1,019	3,874	380.27
LIBYA	941	522	419	80.32
LITHUANIA	-	60	(60)	(100.00)
MACAU	-	20	(20)	(100.00)
MACEDONIA	275	337	(62)	(18.27)
MADAGASCAR	73,567	95,505	(21,938)	(22.97)
MALAYSIA	10,000	-	10,000	#N/A
MALDIVES	7,974	6,149	1,824	29.66
MALTA	112	-	112	#N/A
MARSHALL ISLAND	102	30	73	245.90
MAURITANIA	51,673	42,746	8,927	20.88
MAURITIUS	3,021	2,467	554	22.47
MAYOTTE	40	16	24	153.66
MEXICO	10,450	6,711	3,740	55.72
MICRONESIA FEDERATION	136	21	115	537.61
MOLDOVA	19	22	(4)	(17.23)
MONGOLIA	2,127	940	1,187	126.29
MONTENEGRO	289	259	30	11.74
MOROCCO	4,340	3,970	370	9.32
MOZAMBIQUE	203,162	282,477	(79,315)	(28.08)
MYANMAR	43,420	24,719	18,701	75.65
NAMIBIA	221	681	(460)	(67.50)
NEPAL	14,367	2,789	11,578	415.17
NETHERLANDS	815,746	988,585	(172,839)	(17.48)
NEW CALEDONIA	81	49	32	66.67
NEW ZEALAND	30,275	23,998	6,277	26.16
NIGER	3,243	1,041	2,202	211.61
NIGERIA	227,035	309,911	(82,876)	(26.74)
NORTHERN MARIANA ISLANDS	21	-	21	#N/A
NORWAY	47	70	(23)	(33.33)
OMAN	93,786	61,091	32,695	53.52
OTHER COUNTRIES	19,656	19,779	(123)	(0.62)
PAKISTAN	569,961	609,807	(39,846)	(6.53)
PALAU	79	36	43	118.95
PALESTINE	22	180	(158)	(88.03)
PANAMA	1,067	973	93	9.60
PAPUA N GUINEA	30,178	23,233	6,945	29.89
PARAGUAY	45	4	41	1,014.00
PERU	493	403	90	22.22
PHILIPPINES	638,718	579,806	58,912	10.16
POLAND	555	47	509	1,090.31
PORTUGAL	328	175	152	86.75
PUERTO RICO	25	-	25	#N/A
QATAR	31,341	26,881	4,461	16.59
REUNION	81	54	28	51.41
ROMANIA	3,334	3,083	251	8.13
RUSSIA	6,157	13,158	(7,001)	(53.21)
SAINT KITTS AND NEVIS	58	-	58	#N/A
SAMOA	895	57	837	1,465.25
SAO TOME & PRINCIPE	143	303	(160)	(52.91)
SAUDI ARABIA	511,754	316,947	194,807	61.46
SENEGAL	63,610	46,730	16,881	36.12
SERBIA	579	500	78	15.64
SEYCHELLES	668	418	249	59.64
SIERRA LEONE	1,141	4,117	(2,976)	(72.28)
SINGAPORE	240,266	209,571	30,695	14.65
SLOVAKIA, REP.	37	-	37	#N/A
SLOVENIA	168	-	168	#N/A
SOLOMAN ISLAND	296	83	213	258.18
SOMALIA	63,487	54,413	9,074	16.68
SOUTH AFRICA	121,138	129,677	(8,539)	(6.58)
SOUTH KOREA	417,865	347,522	70,343	20.24
SPAIN	158,087	93,840	64,247	68.46
SRI LANKA	20,064	69,709	(49,646)	(71.22)
ST. LUCIA	49	147	(98)	(66.39)
ST. VINCENT AND THE GRENADINES	54	86	(33)	(37.86)
SUDAN	15,250	7,695	7,555	98.17
SURINAME	229	494	(265)	(53.59)
SWEDEN	114,795	110,054	4,740	4.31
SWITZERLAND	5,302	1,380	3,922	284.31
SYRIA	41,322	26,532	14,790	55.75
TAIWAN	227,487	216,979	10,508	4.84
TAJIKISTAN	433	316	117	37.09
TANZANIA	249,169	204,085	45,084	22.09
TIMOR-LESTE	1,083	-	1,083	#N/A
TOGO	135,500	136,536	(1,036)	(0.76)
TONGA	118	43	76	176.65
TRINIDAD AND TOBAGO	10,507	7,798	2,709	34.73
TUNISIA	255	859	(604)	(70.28)
TURKIYE	824,771	703,588	121,182	17.22
TURKMENISTAN	455	182	273	149.54
TUVALU	19	-	19	#N/A
U.A.E	347,635	134,772	212,863	157.94
U.S.A	194,167	268,625	(74,458)	(27.72)
UGANDA	276	961	(685)	(71.24)
UKRAINE	9,266	36,681	(27,415)	(74.74)
UNITED KINGDOM	14,544	15,677	(1,133)	(7.23)
URUGUAY	389	330	59	17.94
UZBEKISTAN	12,404	4,062	8,343	205.40
VANUATU	398	262	136	52.02
VENEZUELA	23	357	(333)	(93.44)
VIETNAM	313,881	346,636	(32,755)	(9.45)
YEMEN ARAB REP.	34,074	99,994	(65,920)	(65.92)
ZAMBIA	48	-	48	#N/A
ZIMBABWE	24	-	24	#N/A
GRAND TOTAL	15,724,996	15,566,256	158,740	1.02

Source : MPOB
*Disclaimer: This document has been prepared based on information from reliable sources. This document is for information only and opinion expressed may be subject to change without notice and we will not accept any responsibility and shall not be held responsible for any loss or damage arising from or in respect of any use or misuse or reliance on the contents. We reserve our right to delete or edit any information on this site at any time at our absolute discretion without giving any prior notice.

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