biggest refine palm oil company in the world in thailand

   
biggest refine palm oil company in the world in thailand
                                               
                                               
                                               
                                               
  • biggest refine palm oil company in the world in thailand
Who is the largest palm oil producer in the world?

Wilmar International Limited, a Singapore based agricultural business, is the leading palm oil production company in the world, in terms of market capitalization. In 2022, Wilmar International¡¯s palm oil market capitalization amounted to 2.02 billion U.S. dollars. Palm oil production is on the rise worldwide.

Where does Thailand import palm oil?

Thailand imports Palm Oil primarily from: Malaysia ($13.9M), Indonesia ($181k), Sweden ($69.9k), United States ($46.7k), and Singapore ($13.1k). The fastest growing import markets in Palm Oil for Thailand between 2021 and 2022 were Sweden ($27k), Singapore ($13k), and India ($73).

Which countries produce the most palm oil?

These two countries are the largest producers of palm oil, accounting for around 84% of global production. Other major producing countries include Nigeria, Thailand, and Colombia. According to Grand View Research, the global market for palm oil was valued at $67.3 billion in 2022 and is forecasted to grow at a CAGR of 5.1% from 2023 to 2030.

How does Thailand affect palm oil prices?

While Thailand ranks third in global palm oil production, the country¡¯s influence on global prices is modest.