Imports In 2022, South Africa imported $618M in Palm Oil, becoming the 21st largest importer of Palm Oil in the world. At the same year, Palm Oil was the 26th most imported product in South Africa. South Africa imports Palm Oil primarily from: Indonesia ($483M), Malaysia ($132M), Singapore ($971k), Italy ($462k), and Sweden ($295k).
Why do African countries want to raise palm oil production?
Since the last decade, countries from the African oil palm belt have been firmly determined to raise Africa’s production of palm oil not only to ensure a sufficiency of oils and fats for its populations, but also to regain its share in the world market for vegetable oils.
Which West African countries produce palm oil?
Cameroon: Cameroon is another West African country that has been producing palm oil for decades. It is the 12th-largest producer in the world, with an output of 465,000 metric tons. Ghana: Ghana’s palm oil industry is still relatively small, with a production of 300,000 metric tons.
Why is Africa struggling to meet its own palm oil products market?
Africa struggling to meet its own palm oil products market, Africa’ s oil palm sector predominately targets domestic food consumption. In the in food form is even much higher than the current production. Hence, most of these countries products.