For 30 years, the consumption of tropical oils in the world has increased by more than 5 times, having increased by 45% in the last decade alone. Palm, palm kernel and coconut oils are classified as oils of tropical origin. The first two types are made from the fruits and kernels of the oil palm tree, and coconut oil is made from the dried pulp of the coconut (copra). The share of tropical oils in the world production and consumption of vegetable oils consistently exceeds 40%. Despite the fact that the homeland of the oil palm is West Africa, this plant is successfully cultivated in other countries with a tropical climate. The undisputed world leader in the production of palm oil is Indonesia (60% of the world volume). At the same time, until 2008, the country fought for leadership with the second largest world producer of "palms" - Malaysia (24%). During the period of quarantine restrictions, producing countries faced an acute shortage of labor on plantations.
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However, since 2021, the global production of tropical oils has begun to grow. In total, in the 2021/22 season, palm oil production in the world reached 74 million tons, and palm kernel oil production is approaching 8.5 million tons. In its long-term forecast until 2029, the FAO expects global palm oil supplies to increase by 1.5% annually, despite environmental directives from major importers. At the same time, the growth of production in Indonesia and Malaysia will be carried out by increasing the productivity of enterprises, and not by clearing tropical forests for plantations. The homeland of the coconut palm is not exactly known, but it is believed to be from Malaysia, but today the main world production of coconut oil is concentrated in the Philippines (46% of the world's volume) and Indonesia (29%). The main suppliers of coconut oil to the world market are the Philippines and Indonesia, which together account for up to 86% of world exports. According to the Center for ...
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