Sawn timber wood,furniture,cardboard box,plastic,textile & garment, herbs& spices,coconut wood,rattan cane,rattan cane webbing,rattan panjang,rattan manao,semi poles,rattan kubu,rattan core,rattan batang skin,rattan batang polish,rattan batang,gaharu ambon,charcoal,aluminum foil, fabric,teak wood,meranti wood,merbau wood,albasia wood,iron wood,mahogany wood,sandalwood,sungkai wood,bangkirai wood ,camphor wood,sonokeling,rosewood,pine wood,palm wood,mango wood,
rubber wood,spruce wood,finger join wood board,bamboo,coconut,getah damar,gum copal,universal glove, copra,yellow sweet yam,white yam,purple yam,cassava,beetroot,
kalsi board,film faced plywood,plywood,face veneer, virgin coconut oil,betel nut,coconut oil,nutmeg and mace,mustard seed,ginger,fenugreek,coffee,clove,turmeric,chili,cassia bark, cardamom,black pepper,sugarcane,red onion,dll
Virgin silver liquid mercury, a2 platinum baby milk powder, laundry products,nido milk powder, diapers, thermal water, bic lighter, toothpaste, lipstick,mono crystalline solar panels, whole chicken, chicken wings, chicken feet, chicken paws, fertile hatching eggs, white and brown table eggs, frozen pork meat, frozen lamb, frozen beef, chocolate, new and used containers, refined sunflower oil, copper wire scrap, a4 paper, potassium carbonate, phosphoric acid, citric acid, formic acid, salicylic acid, poly aluminum chloride, marvis toothpaste, crest 3d whitening strips,wood pellets, antifreeze
amines, aluminum sulphate,ammonia,acetic acid,anti foaming agent,acetonitrile,aniline ,acetone, amyloglucosidase 300,alpha methylbenzyl ,benzene, butadiene,borax powder, cellulose acetate, caustic soda flake, caustic soda liquid,dl malic acid, ethylene, ethyl ascorbic acid, ferrous bis glycinate, formalin, hydrogen peroxide,
Single phosphates tech grade and food grade
stpp, ktpp, tspp, shmp, msp, mkp, dsp, dkp, tsp, tkp sapp, phosphoric acid, blended food ingredients
Jute yarn like btc, btd, bte, btca, btcb, bwc, bwd, bwe, rope, hessian cloth, sacking bags, jute yearn/twine, diversified product.
Jute yarn like btc, btd, bte, btca, btcb, bwc, bwd, bwe, rope, hessian cloth, sacking bags, jute yearn/twine, diversified product.
Cosmetics, Herbs, Herbal Medicine, Cloths, Knitted Garments, Hoodies, Shirts, T Shirts, Trousers, Salt, Lamps, Sea Salt, Rock Salt, Himalaya Salt, Industrial Salt, Skin Care, Juices, Bb, Toothpaste, Lipstick, Table Salt, Refined Salt, Iodized Salt, Skin Lightening Lotion, Scrub, Cleanser, Toner Cream, Lotion, Bath Soap, Face Creams, Face Wash, Kajal, Eye Liners, Compacts, Lipsticks, Nail Paint, Foundation, Nail Polish, Cream, Bleach, Facial, Herbal Skin Products, Pomegranate, Guava, Apple, Aphrodisiac, Medicine, Health Products, T Shirt, Pant, Trouser, Woven, Facial Bleach, Herbal Extracts, Aloe Vera, Artificial Grass, Synthetic Turf, Ashwagandha, Basil Leaf, Bitter Kola, Garcinia Kola, Chicory, Chives, Dried Flowers, Flower Arrangements. Fresh Flowers. Fresh Hibiscus. Fresh Jasmine. Fresh Lily. Fresh Lotus. Fresh Marigold, Fresh Roses, Henna Products, Herbs, Hibiscus, Lavender, Lemongrass, Hair Serum, Hair Mask, Dried Hibiscus, Hand Sanitizer, Ashwagandha, Aloe Vera
Cosmetics, herbs, herbal medicine, cloths, knitted garments, hoodies, shirts, t shirts, trousers, salt, lamps, sea salt, rock salt, himalaya salt, industrial salt, skin care, juices, bb, toothpaste, lipstick, table salt, refined salt, iodized salt, skin lightening lotion, scrub, cleanser, toner cream, lotion, bath soap, face creams, face wash, kajal, eye liners, compacts, lipsticks, nail paint, foundation, nail polish, cream, bleach, facial, herbal skin products, pomegranate, guava, apple, aphrodisiac, medicine, health products, t shirt, pant, trouser, woven, facial bleach, herbal extracts, aloe vera, artificial grass, synthetic turf, ashwagandha, basil leaf, bitter kola, garcinia kola, chicory, chives, dried flowers, flower arrangements.fresh flowers.fresh hibiscus.fresh jasmine.fresh lily.fresh lotus.fresh marigold, fresh roses, henna products, herbs, hibiscus, lavender, lemongrass, hair serum, hair mask, dried hibiscus, hand sanitizer, ashwagandha, aloe vera
Cosmetics, herbs, herbal medicine, cloths, knitted garments, hoodies, shirts, t shirts, trousers, salt, lamps, sea salt, rock salt, himalaya salt, industrial salt, skin care, juices, bb, toothpaste, lipstick, table salt, refined salt, iodized salt, skin lightening lotion, scrub, cleanser, toner cream, lotion, bath soap, face creams, face wash, kajal, eye liners, compacts, lipsticks, nail paint, foundation, nail polish, cream, bleach, facial, herbal skin products, pomegranate, guava, apple, aphrodisiac, medicine, health products, t shirt, pant, trouser, woven, facial bleach, herbal extracts, aloe vera, artificial grass, synthetic turf, ashwagandha, basil leaf, bitter kola, garcinia kola, chicory, chives, dried flowers, flower arrangements.fresh flowers.fresh hibiscus.fresh jasmine.fresh lily.fresh lotus.fresh marigold, fresh roses, henna products, herbs, hibiscus, lavender, lemongrass, hair serum, hair mask, dried hibiscus, hand sanitizer, ashwagandha, aloe vera
Surgical Supplies, Sports Goods, Textile, Agriculture
Fmgc
Garments Items & Agriculture Items
Spices And Agriculture Product.
Textile Fabric, Agriculture Products, Chemicals, Cosmetics, And Supplemental Items.
General Goods
Agricultural Product
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.
