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Palm oil collage (Pixabay) International purchases of imported palm oil cost an estimated total US$31.5 billion in 2018. Overall, the value of palm oil imports decreased by -10.9% for all importing countries since 2025 when international purchases of palm oil cost $35.3 billion.
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Palm oil is the most cost-competitive and versatile vegetable oil, and makes up the largest portion of global vegetable oil production. When produced responsibly, it can support millions of livelihoods globally and reduce pressure on forests and sensitive ecosystems.
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Despite lobbying by Total and a brief reprieve on palm-derived biodiesel in France, the French parliament in November voted to end tax breaks for palm-based biodiesel. That spells concern for Total and its La Mede refinery which uses up to 300,000 mt of palm oil in the production of HVO.
- How much palm oil does Mexico Export?
- Exports In 2021, Mexico exported $22M in Palm Oil, making it the 45th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 526th most exported product in Mexico. The main destination of Palm Oil exports from Mexico are: Guatemala ($16.1M), United States ($5.05M), Chile ($509k), Ecuador ($269k), and United Kingdom ($30.8k).
- Which palm oil certification schemes have rigour of biodiversity & assurance requirements?
- B. Tinhout and H. van den Hombergh (2019) at IUCN assess the rigour of biodiversity and assurance (governance) requirements of six palm oil certification schemes, all of which (except ISCC EU) are also included in our study: RSPO, Rainforest Alliance SAS (referred to as ‘SAN’), ISCC-EU, ISCC PLUS, ISPO and MSPO.
- Which palm oil companies have the most certified palm oil?
- With 1.6 Mn ha of certified palm oil, ISCC is also significant in terms of certified palm area . POIG, Rainforest Alliance, Bio Suisse are niche standards in terms of certified area, with the latter two likely to remain niche because they service limited premium markets. Whether POIG will move into the mainstream remains to be seen.
- Is the Indonesian sustainable palm oil standard relevant in the Swiss market?
- The Indonesian Sustainable Palm Oil Standard (ISPO) has currently no relevance in the Swiss market and is unlikely to gain a more prevalent position in its current form, as several studies have found it to compare poorly to other standards [12, 13, 14, 15, 16, 17].
- Is RSPO certified palm oil sustainable?
- The majority of RSPO certified sustainable palm oil is destined to European (EU-28) food production: In Nov 2016, 70% of all palm oil used by the European food industry was certified sustainable, making the European food industry, with 60% of all certified palm oil, the biggest user of certified palm oil worldwide .
- How much palm oil does Switzerland import?
- Switzerland imports around 34,400 t of palm oil per year. With a share of 16% of domestic consumption, palm oil is the third largest vegetable oil after sunflower oil (32%) and rapeseed oil (28%) and represents around 25% of all vegetable oil imports .
