Moringa powder, moringa capsules , moringa infused ceylon tea, moringa soap, moringa shampoo , moringa shower gel, moringa lotion, moringa cream
Urea, cement, coconut products, condiments, sunflower oil, mushroom, olive oil, metal scrap (hms and rails), sugar and oil products (lng, lpg and mazut)
Bulgarian rose oil,lavender oil ,chamonile oil and essential oils, natural aromatic waters rose damascen ,rose alba ,lavender, mentha, geranium , hyssop , melissa, chamomile , frankincense and more floral waters
Crude palm oil (cpo), red palm oil, palm acid oil, pome, empty bunch pellet, wood pellet, charcoal, bricket (low, middle & high calori), palm shell carbon active, palm fiber from efb, gliceryn 50%, pallet and charcoal briquettes
Agro products like rice, chemicals, beauty and cosmetics, essential oils, incense, organic oils
Supplier : all kinds of commodity items canola oil, sunflower oil, soybean oil, vegetable oil, corn oil, palm oil, frozen chicken, frozen pork , frozen beef, sugar, ethanol and other chemicals.
Food ingredients, organic foods, agricultural commodities, fruit and vegetable based food ingredients including fruit pulp, puree, concentrate and frozen fruits and vegetables and agro commodities like spices, beans, pulses, grains, nuts and oil seeds
Iron ore, soybean and soybean meal, corn crude oil and mineral oil, raw sugar and molasses, fresh refrigerated and frozen beef, soy bran and other animal feed and fertilizers, combustible oil, coffee,rice, poultry meat and edible offals, fresh refrigerated and frozen chicken cuts, beef bully sticks
Rice, sugar and edible cooking oil, thailand fragrance rice, china long grain rice, vietnam rice, myanmar rice, thai and brazilian sugar and refined cooking oil, vegetable oil, corn oil, palm oil, olive oil, canola oil, peanut oil and sunflower oil, wheat, rice bran, fresh corn, all kind of dry grains
Shea Butter, Cashew Nuts, Ginger, Sesame Seeds, Yam, Cocoa, Chili Pepper, Moringa, Cassava, Palm Kernel Oil, Bitter Kola, Hibiscus Flower, Hardwood Charcoal, Palm Oil
Food ingredients, organic foods, agricultural commodities, fruit and vegetable based food ingredients including fruit pulp, puree, concentrate and frozen fruits and vegetables and agro commodities like spices, beans, pulses, grains, nuts and oil seeds
Semi husked coconut, shisha charcoal briquette, pillow shape charcoal briquette, hexagonal shape charcoal briquette, sawdust charcoal briquette, tablet shape or polo shape charcoal briquette, copra, desiccated coconut, coir pith, coir block, tender coconut, coconut palm sugar, coconut shell, areca plates, vegetables, and fruits, etc
Wood pellet, firewood, charcoal, wood briquette, sawdust and wood shaving, sunflower oil, corn oil, olive oil ,pet bottle scrap,pet flakes,pvc scrap,pp scrap,hdpe scrap,ldpe srap
Milk Powder Maize Frozen Meat Frozen Cuttlefish Edible Oils Other Frozen Fishes Frozen Chicken Olive Oil Canned Food Lentils Sunflower Oil Rice Bran Rapeseed Oil Chickpeas Fresh Beef Coffee Beans Meat And Bone Meal (MBM) Frozen Seafood Fresh Mackerel Fish Frozen Pork Fresh Snapper Fish Corn Wheat Bran Frozen Tuna Fish Soya Oil Soybean Meal Fish Poultry Dry Fruits & Nuts Fresh Pork Fresh Chicken Fresh Ginger Soybean Frozen Shrimps Frozen Fish Food Products Wheat Animal & Cattle Feed Fresh Meat Dried Fish Frozen Beef Rice Agriculture Seeds Fresh Tuna Fish Corn Meal Palm Oil Coconut Oil Sugar Crude Oil Turmeric Powder
Refined sugar, thai white rice, jute bags, red lentils, chickpeas, used cooking oil, cashew nuts, copy paper, refined sunflower oil, eggs, fish, coconut, nitrile gloves, latex gloves, ldpe, hdpe,pet flakes, pp granules, nitrile examination gloves, medical face masks ear loop 3 ply, disposable luer cone needle syringes, thick pe shoe cover, hdpe pipe grade, ldpe film grade
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
Timber, Used laptops, Second phones, face mask, Almond nuts, Cashew Nuts, Refind Sugar, White long grain rice, a4 paper, lemon, cardamom, scrap wire, copper, frozen fish, frozen chicken, used car engines, Car tires, seeds, fruits, , pet flake, cloves, galic, ginger, refined sunflower oil, ethanol 99.7% industrial ethyl alcohol, Hydrogen Peroxide, Letex Gloves, Red Bull Energy Drink, Whisky
All kind of organic & conventional spices, herbs, grains & pulses, chilli flakes, dry chillies, chillies powder, turmeric finger, turmeric powder, cumin powder, cumin seeds, fennel seeds, cardamom, ginger, celery seeds, curry powder, black cumin, nutmeg, mace, pepper, curry leaf, dill seeds, coriander seeds, coriander powder, garlic, tamarind, bay leaf, cloves, fenugreek seeds, mustard seeds, ajwain seeds, caraway seeds, ginger, black salt, cinnamon, saffron, onion powder, onion flakes, tomato powder, amchur powder, beet root powder, chana masala, garam masala, vegetable masala (sabzi masala), meat masala, fish masala, sambar masala, chaat masala, chicken masala, biryani masala, pani puri masala, maggi masala, peepramul powder, oregano, thyme, basil, parsley, rosemarry, asafoetida powder, cinnamon powder, chhole masala, pav bhaji masala, kitchen king masala, mutton masala, tandoori chicken masala, seasoning, piri piri spice mix, sage leaves, fenugreek leaves
Agricultural products, machinery and live stock, jacket, solar panels, jeckski, fishing boat, outboards, redbull, heineken, sensodyne tooth paste, baby diapers, ferrero rocher chocolates, rani juice, bitter collar, live goat, live cow, pregnant milking cow, calcium hypochlorite, automatic pool cover, hth 70, bitumen 60, 70, precious stones, sapphire, gem stones, cow gallstones, ox gallstones, pet supplies, dog food, live aquarium fish, coating paint powder, n95 mask
Agricultural products, machinery and live stock, jacket, solar panels, jeckski, fishing boat, outboards, redbull, heineken, sensodyne tooth paste, baby diapers, ferrero rocher chocolates, rani juice, bitter collar, live goat, live cow, pregnant milking cow, calcium hypochlorite, automatic pool cover, hth 70, bitumen 60, 70, precious stones, sapphire, gem stones, cow gallstones, ox gallstones, pet supplies, dog food, live aquarium fish, coating paint powder, n95 mask
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.
