soybean oil production line palm oil in venezuela

   
soybean oil production line palm oil in venezuela
                                               
                                               
                                               
                                               
  • soybean oil production line palm oil in venezuela
How much palm oil is produced in Venezuela?

A paid subscription is required for full access. This statistic shows the production volume of palm oil in Venezuela from 2010 to 2021. In 2021, the production of palm oil in Venezuela amounted to 8 thousand metric tons, same figure recorded since 2018. Get notified via email when this statistic is updated.

How has palm oil production changed since the 1960s?

Palm oil production has increased rapidly since the 1960s. Between 1970 and 2020, the world¡¯s production of palm oil increased by about 40 times. Global production went from only 2 million tonnes to around 80 million tonnes. The change in global production is shown in the chart.3

Which countries use the most land for palm oil?

Indonesia and Malaysia account for around 70% of global land use for palm oil. This is relatively little, considering that these countries account for more than 80% of production. This is because both countries achieve high yields. Shown in the chart is the amount of land that the world devotes to vegetable oil crop production.

Is palm oil a commodity?

The story of palm oil is less about it as an isolated commodity and more about the rising demand for vegetable oils. Palm oil is a very productive crop; as we will see later, it produces over a third of the world¡¯s oil but uses less than a tenth of croplands devoted to oil production. It has, therefore, been a natural choice to meet this demand.