How has Malaysian oil palm industry performed in 2019?
The Malaysian oil palm industry in 2019 has shown a better performance as compared to that of in 2018. Improvements witnessed in key performance indicators, namely crude palm oil production, exports and palm oil stocks.
Which country exports the most palm oil in Malaysia?
India maintained its position as the largest Malaysian palm oil export market for the sixth consecutive year since 2014, with the intake in 2019 at 4.41 million tonnes or 23.9% of total Malaysian palm oil exports.
Which Malaysian state has the largest oil palm planted area?
Sarawak remained as the largest oil palm planted state for the third year, with 1.59 million hectares or 26.9% of the total Malaysian oil palm planted area, followed by Sabah with 1.54 million hectares or 26.2%. Oil palm planted area in Peninsular Malaysia amounted to 2.77 million hectares or 46.9%.
Why does Malaysia export palm oil to the EU?
Malaysian palm oil exports to the EU increased by 9.5% to 2.09 million tonnes from 1.91 million tonnes in 2018. This was due to low imports of palm oil from Indonesia by 5.4% to 3.72 miliion tonnes during January-November 2019 and higher usage of palm oil as biodiesel feedstock due to insufficient supply of domestic rapeseed oil.