Africa will become a key continent in determining the dynamics of the global palm oil market in the coming years

of agricultural products, including high-yield palm oil. According to experts from the consulting firm Wilmar International, Africa’s population will double to 2.5 billion by 2050, and by the end of the century, it will exceed 4 billion. The region is already becoming a major consumer and producer of agricultural products, but unlocking potential market demand requires supportive and consistent land management policies and increased infrastructure projects. Experts note that expanding land under cultivation is no longer the primary driver of growth. The future lies in new technologies, crop optimization, and diversification, which will unlock the potential of crops in the continent’s climate. Moreover, purchases are currently being held back by a shortage of foreign currency and logistics. Consumption growth is only realistic if buyers receive financing. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which ...