Colombia produced 1.77 million tons of palm oil in 2022

Published 2023년 2월 14일

Tridge summary

The Colombian palm oil sector saw a record production of 1.77 million tons of crude palm oil in 2022, and is projected to reach 1.8 million tons by the end of this year. This increase is attributed to good international prices and the La Niña phenomenon. Palm oil is becoming a major non-traditional export for Colombia, currently holding the fourth spot in agricultural exports. The European market is the primary destination for these exports, with the Netherlands, Spain, and Italy being the main recipients. The sector aims to have half of the producers certified in sustainability programs by 2025.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bogotá, Feb 14 (EFE).- The Colombian palm oil sector obtained a record production of 1.77 million tons of crude palm oil in 2022 and expects to close this year with 1.8 million tons, reported Tuesday the National Federation of Oil Palm Growers (Fedepalma). "Colombia achieved the highest production ever recorded in the country with 1.77 million tons of crude palm oil," said the executive president of Fedepalma, Nicolás Pérez, at a press conference in which he presented the balance of the sector. The executive estimated that this year's production will be around 1.88 million tons, which will continue to contribute "to the economies where there are oil palm crops." - ADVERTISEMENTS - He stressed that growers have benefited from good international prices and the La Niña phenomenon, which has allowed a "better distribution of rainfall" in areas where there are oil palm crops. In this regard, he said that the value of production was almost 10 billion pesos (about 2,081 million dollars ...

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