Malaysia plays a key role in the global palm oil market, being the second largest producer and the worlds largest exporter of this essential commodity. The industry is expected to drive the growth of the economy and overcome the overall economic decline. However, the growth of this industry has been impacted the rising environmental concerns and the declining cost of conventional crude oil. The industry has a strong positive outlook, as the Malaysian government is undertaking various initiatives to overcome these challenges and drive growth of this sector.
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Table of Content
1. Introduction: Malaysian Palm Oil Industry
2. Industry Drivers
4. Role of the Government
5. Competitive Landscape
a. Wilmar International Limited
b. Sime Darby International
c. Felda Global Ventures
d. IOI Corporation
e. Kulim Bhd
f. Genting Plantations Bhd
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China's Palm Oil Industry, 2012-2016
The palm oil of China mainly depends on import,(http://www.researchmoz.us/development-prospect-and-investment-planning-of-chinas-palm-oil-industry-2012-2016-report.html) and the main areas of their import, processing and sales are in North China (surrounding areas of Tianjin and Shandong), East China (surrounding areas of Shanghai such as Zhangjiagang, Taixing, Ningbo and other areas), and South China (surrounding areas of Guangzhou such as Huangpu, Shenzhen and Xiamen, etc). The import volume of palm oil in the three regions accounts for 92% of China’s total imports, among which are 24%, 34% and 34% in North China, East China and South China separately.
Global Palm Oil Market Report: 2014 Edition
Palm oil, one of the least expensive and high yielding crop,(http://www.researchmoz.us/global-palm-oil-market-report-2014-edition-report.html) is a derivative of the oil palm (Elaesis guineensis) and is an essential component of diet. The oil palm is known for production of two types of oils from its fruit; first; the oil derived from the flesh of the fruit that is mainly serves the purpose of cooking oil, shortening, margarines, as a milk fat replacement, and in cocoa butter substitutes. The other oil is primarily used in manufacturing of soaps, cosmetics, detergents, and toiletries and is derived from the kernel. Oil Palm, the world’s highest yielding crop, is capable of producing an output that is 5 to 10 times greater than the output of other vegetable oils per hectare thereby, making it one of the most widely consumed oil across the globe.
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