Crude palm oil and edible oil, tomatoe paste
Agricultural product like oil, wheat semolina, soya
Fruits, vegetables, spices, oil, cloth, paper
Copper Cathode, Ultrafine Copper Powder, Gas Oil D2, Sulfur, Scrap Iron, Aluminum, Household Devices, Sugar, Meat, Sunflower Oil.
Used cooking oil, uco, rice, jasmine rice, coconut coir fiber bale, coco peat
Nuts, seeds, cooking oil, sunflower oil, rapeseed oil, baby foods, milk, scraps, spices etc
Sugar, frozen chicken, frozen beef, corn, soybean, wheat, sunflower oil, corn oil, soybean oil, fertilizers urea n46, used rails r50 r60, hms1&2, copper millberry, copper cathodes, aluminium ingots, iron ore, bauxite ore
Sunflower oil, rapeseed oil, soyabean oil, eggs, milk, dried milk, butter, chicken, pork meat, cheese
Nuts, Chemicals Products, Food And Beverages, Grains, Animal Feeds, Livestock, Health Products, Energy Drinks, Solve Drinks, Seeds, Cooking Oil, Used Oil, Seafood, Inboard/outboard Motor Engine, Spices, Coffee Beans, Green Mung Beans, Fava Beans, Soybeans, Wheat, Fertilizers
Agricultural products like citrus fruits,onion,ginger,black and white pepper
Colombian coffee, tea, chocolates (drinks & bars), fresh fruits & vegetables, frozen fruit & vegetables, fresh & frozen fruit pulp, textiles, clothing, leather products
Food products, agriculture products , chemicals , oils essential edible , crude oils & jet fuel ,woods , scrap metals , mines ore , and gases, rapeseed oil, yellow corn, palm oil, corn oil, sunflower oil, chana dal, masoor dal, rejection rice, moong dal, rice, black rice, broken rice, rejection rice, urea 46%, clinker, sugar, liquified natural gas (lng gas), urea , sulfur , dap
Nitrile gloves of vglove, superieur, hartalega, cranberry evolve, cranberry transcend, kimberly clark, vtt gloves, m&d gloves, skymed, matig. face masks: ffp2/ n95, type iir surgical mask, kids mask. all masks are direct from manufacturer.
Poultry products, lamb, beef, honey, green shell, seafood, smoked fish, rice, sugar, coal, canned tuna, tea, coffee beans, pet foods, wet wipes, wet tissue, oysters, mussel, goat milk powder, goat soap, oats, lupine, senior milk powder, goat meat, chickpeas, olive, organic cheese, snack foods, palm oil, rubber, cherries, spices, sunflower oil, virgin coconut oil, vegetable oil, charcoal, cocoa powder, coconut milk, coconut water, condensed milk, energy drink, peanut butter, herbs, yogurt, sesame seed, cosmetic, health, medical, whitening cream, children garments, ladies garments, fertilizer, solar, air conditioner, plastic bags, chocolates, petroleum, veterinary medicine, cold pressed oils, confectioneries, soft drinks, beverages, medical consumable, face mask, water, meat, chicken, sugar, melt blown fabric, sanitizer, thermometer, 3ply surgical mask, face shield
Chia seeds, chia oil, quinoa seeds, maca powder, quinoa, amaranth, canihua, quinoa flakes, quinoa powder, quinoa pop, pink salt, camu camu, lucuma powder, cacao powder, cacao nibs, camu camu powder, brasil nut,nueces de brasil, cocoa, chilean walnuts, aguaymanto, golden berries, purple corn, black eye beans, black eyed peas, frejol castilla, sacha inchi, sacha inchi seeds, roasted sacha inchi, amaranth, acai powder, freeze dried acai powder, tarwil powder, green coffee, green coffee powder, sacha inchi oil, sacha inchi flour, cats claw powder, ginger powder, passion fruit, granadilla, preserved roses,avocado, ginger, turmeric, flax seeds, sesame seeds, kidney beans, mango, grapes
Refined olive oil, sunflower oil, soybean oil, corn oil, rapeseed oil and nitrile gloves, latex gloves, vinyl gloves, cpu scrap, ram scrap, bbq charcoal, cashew nuts, pistachio nuts, refined icumsa 45 sugar, pp granules,pvc scrap, a4 copy paper, double a4 copy paper, xerox copy paper, chamex copy paper chicken wings and paws feet and frozen whole turkey and wings
display bpa free big capacity baby bottle
canned chickpeas
vip banquet party hotel restaurant chairs
canned tomato children party chair/kid plastic party chair
toilet paper/custom soft toilet tissue roll
frozen whole chicken
fully refined paraffin wax 58 60
pvc raw material, pvc resin sg5 virgin and recycled pp granules
virgin, recycled transparent lldpe granule
virgin and recycled hdpe granules
virgin/recycled ldpe granules
100% aluminum scrap / aluminum ubc can scrap
disposable bic gas lighter j25 j26
parrot eggs/ostrich eggs /fertilized quail eggs
chicken table eggs
copper millberry wire scrap
Fertilizer, Cashew Nuts ,almond Nuts, Coffee, Sisal Fiber, Yarn Rope, Tea, Watermelon Seeds, Fresh Avocado, Mango, Pineapple, Aloe Vera, Passion Fruits, Sunflower Seeds, Yellow Maize, White Maize, Mung Beans, Macadamia Nuts, Pistachio Nuts, Soybeans, Cloves Spice, Green Cardamom, Black Pepper, White Pepper, Turmeric Finger And Powder, Coriander, Cumin Seeds, Dry Ginger, Okra , Light Speckled Beans, Red Speckled Beans, Vanilla Beans, Sesame Seeds, Dry Chili, Sunflower Oil. Cinnamon, Almond Flour, Maize Flour, Peanuts, Sugar Beans, White Beans, Chia Seeds, Pumpkin Seeds, Yellow Peas, Chickpeas, Used Railways Scrap, Copper Wire Scrap, Copper Cathode, Radiator Scrap, Mica Scrap, Hms Scrap, Aluminum Extrusion 6063,used Engine Block , Aluminum Wire Scrap, Ubc Aluminum Cans, Battery Scrap, Motor Scrap, Computer Motherboard Scrap, Pet Bottle, Used Blum Drum, Pet Flakes, Pc Water Bottle, Phone Motherboard Scrap, Dried Mango, Dried Pineapple, Dried Banana, Dried Papaya, Desiccated Coconut Powder
Palm oil is one of the most widely consumed vegetable oils. Sourced from the fruit of the palm tree, this oil is used in a number of edible and personal care products. In fact, its unique composition is responsible for its versatile applications (food, cosmetics, pharmaceuticals, and biofuels). Today we all are aware of its significance in the global trade market. But do you know that it was one of the most sought-after commodities during Britain's Industrial Revolution? It is because of their extensive use as an industrial lubricant for machinery. As global consumption keeps growing, palm oil buyers actively seek reliable suppliers who can provide bulk quantities at the best rate.
There are very few commodities that hold as much influence over the global economy as palm oil. This versatile oil has a critical role across multiple industries. Manufacturers prefer this edible oil because it produces a higher oil yield per hectare than other oil-producing crops, such as soybeans or sunflowers. In the year 2022-23, the palm oil market alone accounted for around 35.7% of the world's vegetable oil production. And it grew further as the demand for this commodity increased in nations like China and India.
The increasing demand for palm oil is driven by various factors. More than half of the packaged products that we see in supermarkets are made from palm oils. It is an essential ingredient in a range of products, from packaged foods and snacks to cosmetics. Furthermore, it is also a sustainable & renewable alternative to fossil fuels for biofuel production.
Palm oil is more affordable and economically viable as it offers a higher yield per hectare when compared to other vegetable oils like soybean oil. This commodity also has a major global economic impact as it supports the livelihoods of millions of people worldwide. Did you know palm oil is the top agricultural export of Indonesia and Malaysia? It makes up about 10% of Indonesia’s exports and 5% of Malaysia’s, generating lakhs of job opportunities in these regions (Source: European Parliamentary Research Service (EPRS).
Buyers source palm oil bulk in different forms based on their requirements and end-use. Here are the following types of palm oils popular in the international trade business:
In addition, exporters also trade associated by-products, such as palm kernel, palm kernel cake, palm nuts, etc. Moreover, you can also expand into related edible oils segments like Corn oil, Soybean oil, Sunflower oil, & Rapeseed oil, especially in price-sensitive markets. You can also explore other highly-demanded commodities such as Mustard oil, Coconut oil, and Olive oil in regional specialty categories.
In order to successfully carry out your export operations, it is important to make well-informed, strategic decisions. And staying updated with the latest market insights can be your way to go!
Global Market Size:
Source: IMARC
Top Importing Countries (2024) and their Average Price Range
Source: Seair Exim
To get the latest price updates on edible oils like palm oil or connect with fellow agri-traders, visit our Communities section.
Reaching out to the right buyers looking for palm oil can be really hectic, especially if you don't know where to start. Whether you want to connect with palm kernel oil buyers or you are searching for a buyer crude palm oil, here are the most effective methods that can be useful in your quest.
1. How can I find palm oil buyers?
Here are the most effective ways to find genuine & reliable palm oil importers or buyers globally:
2. Who are the major buyers of palm oil?
Here are the major palm oil buyers as per their ranking:
3. Who is the largest consumer of palm oil in the world?
Currently, India is the largest consumer of palm oil worldwide, followed by China and the EU.
4. What is the import duty on palm oil in India?
India has cut the basic import duty on crude palm oil from 20% to 10% to boost local refining. With additional charges, the total effective duty is around 16.5%. You can always check out DGFT notifications for updated rates.
5. What is the current price of palm oil?
Though the price may change depending on factors like grade, origin, and logistics, the average palm oil price per ton varies between $850–$1,100 per metric ton.
6. What is the palm oil HSN code?
1511 is the palm oil HSN code.
Click here to know more about Palm Oil Q&A.
