The global palm oil market is recovering from a disastrous 2024.
Global palm oil exports from Indonesia, Malaysia, and Thailand reached 36.4 million tonnes in Jan–Oct 2025, up 1.4 million tonnes from last year. Indonesia shipped 22.47 million tonnes, Malaysia 12.73 million tonnes. China’s imports surged to 4.08 million tonnes, while India’s fell to 6.18 million tonnes, reflecting uneven demand.
Global palm oil exports are showing signs of a strong recovery in 2025. According to Oil World, in the first ten months of the year, Indonesia, Malaysia, and Thailand shipped a combined 36.4 million tons of the product—1.4 million tons more than last year, when export volumes fell to an eight-year low. A sharp rebound in shipments occurred in May–August after a weak start to the year.
In Indonesia, the world’s largest producer, October exports fell slightly to 2.26 million tonnes, down from 2.55 million last year. However, overall, the country increased shipments from January to October to 22.47 million tonnes. This increase was made possible by the recovery of domestic production after last year’s decline. In Malaysia, October exports remained virtually flat compared to last year at 1.69 million tonnes, while year-to-date shipments totaled 12.73 million tonnes.
Southeast Asian countries significantly increased palm oil sales to China: in October, China’s imports rose to 577,000 tons, up from 338,000 tons the previous month, and reached 4.08 million tons in January-October. India, a key buyer, cut its purchases almost in half, to 569,000 tons in October and 6.18 million tons for the first ten months of the year.
Experts note that the overall market recovery is due to stabilizing production and a gradual recovery in global demand. However, demand remains uneven: active purchases from China offset weaker interest from India, creating mixed sentiment among exporters.
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Source : Ukr Agro Consult
