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Post forecasts Malaysia’s palm oil production in MY 24/25 at 19.2 million metric tons (MT), a decrease from MY 23/24 projections due to delayed effects of the El Niño season.
Malaysia was the 26th-largest export destination for U.S. agricultural products in 2022, totaling nearly $1.1 billion in value, and is a top prospect for exports of food and beverage ingredients because of its large and growing food processing industry.
Malaysia was the 25th largest export destination for U.S. agricultural products in 2021 and is a top prospect for exports of food and beverage ingredients because of its large and growing food processing industry. Food and beverages manufactured in Malaysia not only serve domestic consumers but are also exported to many neighboring countries. U.S. exporters of dairy products, fresh and processed potatoes, food-grade soy, processed fruit and juices, tree nuts and more have many opportunities to supply Malaysian industry which depends on imports for key ingredients and inputs, and in doing so will reach consumers across Malaysia and throughout Southeast Asia.
Post adjusted the Marketing Year (MY) 2020/21 crude palm oil (CPO) production forecast down by 8,000 tons to 18.7 million tons. COVID-19 has caused acute labor shortages as the Government of Malaysia (GOM) halted the intake of new foreign workers indefinitely, while allowing foreign workers with expired work permits to return home, thus exaggerating the labor issues.
Post estimates Malaysian crude palm oil (CPO) production in marketing year (MY) 2020/21 at 19
Post forecasts Malaysian crude palm oil (CPO) production in marketing year (MY) 2019/20 at 19.7 million metric tons (MT), a decrease of 1.15 million MT compared to the previous year.
This report provides information on the export certification requirements of the Government of Malaysia.
Palm oil (CPO) production in MY 2019/20 is forecast to reach 20.3 million metric tons (MT), an increase of 300,000 MT compared to the previous year, based on an improving labor situation within the...
Palm oil production is forecast to marginally increase to 20.5 million tons in 2017/18 from 18.8 million tons in 2016/17.
With stiff competition from soybean and rapeseed oils, palm oil faced a tough year during MY2017/18.
The overall food processing sector is growing 3 percent per year, with dairy, bakery, and processed fish products leading.
There have not been any significant developments since last year’s 2016 report....