Palm oil, coconut oil, olive oil
Palm oils, corn oil, sunflower oil, soya oil
Cooking oil like refined coconut oil, crude coconut oil, refined corn oil , refined sunflower oil , refined rapeseed oil, refined soybean oil
Oil Powders, Fatty Acids, Edible Oils
Refined Sunflower Oil, Refined Canola Oil, Refined Corn Oil, Crude Corn Oil, Crude Sunflower Oil, Crude Degummed Soybean Oil, Palm Oil, Soy Oil, Soya Oil, Olive Oil, Used Vegetable Oil, Canned Goods, Medical Supplies
Multigrade motor oils (semisynthetic and mineral), monograde motor oils, motorcycle oils, transmission oils, hydraulic & gear oils, grease, antifreeze and car care products
Hardwood charcoal, sesame seeds, dried split ginger, cashew nuts, cassia tora seeds, dried hibiscus flowers, garlic, red onions, tiger nuts, red chili pepper, peanuts kernels, yellow maize, briquettes (from palm kernel shells), palm kernel shells (pks), palm kernel cake (pkc), shea butter, soybean
Hardwood charcoal, sesame seeds, sorghum, moringa seed, onions, ginger, groundnut, raw cashew nuts, arabic gum, cassava, cocoa, shea nut, peanuts, ginger, cassava, yam,shea butter
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
Oil, butyl rubber bk 1675, bromo butyl rubber bbk 239, carbon black (n220, n330, n339, n550 & n660), di ethylene glycol (deg) , dea, epdm, iso butanol, meg, mea, methanol, n butanol, nbr, paraffin wax, pbr nd & skd ef, sbr 1500, sbr 1502 & sbr 1712, sulfur powder & sulphur, teg, tea, ferric chloride, calcium chloride, magnesium chloride, ammonium chloride, bleaching powder (commercial grade), bleaching powder (industrial grade), sodium hypochlorite, liquid chlorine, caustic soda (50% liquid), caustic soda (solid), caustic soda (flakes), hydrochloric acid (technical grade), nickel chloride, hydrated lime
Wood pellets, cashew nuts, urea fertilizer, chia seeds, aluminum scrap, soybean meal, drained lead car battery scrap, fennel seeds, brazil nuts, caustic soda, plastic drum blue hdpe, shipping and office containers, frozen chicken, edible oil, thai rice, high impact polystyrene, hdpe black, hdpe blue, hppe transparent grade 1, black bright abs plastic, abs natural color, refined sugar, thai white rice, red lentils, chickpeas, refined soybean oil, refined palm oil, copy paper, refined sunflower oil, fresh eggs, arowana fish, fresh coconut, nitrile gloves, latex gloves, hot washed pet flakes, face mask, hdpe granules, ldpe granules, pp granules, abs granules, occ scrap, onip scrap, hdpe blue drum regrind, dry anchovy fish, outboard engines, copper scrap, pet flakes, blue drum regrind.
Cutter, syringe, strips, needles, thermometer, cannula, glucometer, harmonic focus shears, ace circulation, adhesive mini wrap, blades, blood collection tube, blood pressure monitor, nutella, redbull, red bull, onion, dried apricot, coca cola, bioderma, sensibio, avene
Moringa Fresh Leaves and powders and rice, lemons
Baby food
baked goods
bean products
canned food
coffee
confectionery
dairy
drinking water
egg & egg products
food ingredients
fruit products
grain products
honey products
instant food
meat & poultry
other food & beverage
seafood
seasonings & condiments
snack food
soft drinks
tea
vegetable products
agricultural waste
animal products
beans
cocoa beans
coffee beans
farm machinery & equipment
feed
fresh seafood
fruit
grain
nuts & kernels
ornamental plants
other agriculture products
plant & animal oil
plant seeds & bulbs
timber raw materials
vanilla beans
vegetables
biodiesel
charcoal
coal
crude oil
wood pellets
Rice, Sugar, Tamarind Seeds, Animal Feeds, Oinp, Plastic Scrap, Electronics, Medical Gloves, Sunflower Oil, Corn Oil, Palm Oil, Dried Turmeric, Dried Anchovy, Dried Fish, Cashew Nuts, Dried Hibiscus, Sugar, Medical Gloves, Energy Drinks, Ldpe, Hdpe, Pp Granules, Pistachio Nuts, Soybean Oil, Rice Bran Oil, Recycled Granules, Pet Flakes, Copy Paper, Green Mung Beans, Canned Sardines, Canned Tuna, Canned Mushrooms, Liquid Sugar, Molasses, Chemicals, Food & Beverages, Sugarcane Molasses, Tapioca Starch, Tapioca Pellets, Corn Starch, Pea Flour, Black Pepper, Milk Powder, Rice Flour, Calrose Rice, Jasmine Rice, Parboiled Rice, White Rice, Short Grain Rice, Packaging Boxes, Copper Scrap, Chickpeas, Soybean Meal, Yellow Corn, Latex Gloves, Nitrile Gloves, Household Gloves, Industrial Gloves, Vinyl Gloves, Pvc Glove
Agricultural products
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.
