Record production and sales of palm oil in the local market

Gabriel Mejiagut
Published 2022년 1월 27일
The main sectors where palm oil is involved are food and biodiesel, and these two sectors showed a positive dynamic during 2021, which led to a 42% growth, reaching local sales of 1.2 million MT. It is important to mention that the international prices of this product also had a positive behavior; in comparison, the average price per ton in 2020 was around USD 710, and in 2021 the price per ton averaged USD 1,200, which implies a significant growth.

This dynamic of the palm sector benefits the entire population involved in the palm oil industry, consolidating this crop as a great generator of welfare in the regions where it is established.
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