crude palm oil machine plant in malaysia

                                               
                                               
                                               
                                               
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  • How did Malaysia’s oil palm industry perform in 2021?
  • The year 2021 was the second year the Malaysian oil palm industry experienced operating in unprecedented pandemic period. The crude palm oil (CPO) production experienced lower performance in the first three (3) quarters of 2021 except for March; and only in October until December 2021, the performance was higher as compared to the same period 2020.
  • Why is the palm oil industry important in Malaysia?
  • Furthermore, the Malaysian palm oil industry provides more than half a million employees and supports the livelihood of an estimated one million people (MPIC, 2018). Thus, the palm oil industry is vital for the economy and well-being of the country.
  • How did the palm oil industry perform in 2021 compared to 2020?
  • The palm oil industry fared better in 2021 compared to 2020, despite lower crude palm oil (CPO) production due to labour shortage and a restricted supply of CPO during the COVID-19 pandemic. As the industry recovers, research and development (R&D) activities remain dedicated towards ensuring the industry is sustainable and competitive.
  • How much palm oil is produced in Malaysia?
  • Zooming into the regional performance, the CPO production in Peninsular Malaysia, Sabah and Sarawak were at 9.85 million tonnes, 4.36 million tonnes and 3.91 million tonnes, respectively (Table 3). Palm Oil Exports and Imports