Search results
Results from the WOW.Com Content Network
According to the Hamburg-based Oil World trade journal, [115] in 2008 global production of oils and fats stood at 160 million tonnes. Palm oil and palm kernel oil were jointly the largest contributor, accounting for 48 million tonnes, or 30% of the total output. Soybean oil came in second with 37 million tonnes (23%). About 38% of the oils and ...
Oil palms (Elaeis guineensis) Oil palm fruit is one of the most widely produced primary crops in the world.. An estimated 1.5 million small farmers grow the crop in Indonesia, along with about 500,000 people directly employed in the sector in Malaysia, plus those connected with related industries.
Daily oil consumption by region from 1980 to 2006. This is a list of countries by oil consumption. [1] [2] In 2022, the International Energy Agency (IEA) announced that the total worldwide oil consumption would rise by 2% [3] year over year compared to 2021 despite the COVID-19 pandemic. [citation needed]
Indonesia, the world's top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation.
Palm oil production is vital to the economy as Indonesia is the world's biggest producer and consumer of the commodity, providing about half of the world's supply. [77] Plantations in the country stretch across 6 million hectares as of 2007, [ 78 ] with a replanting plan set for an additional 4.7 million to boost productivity in 2017. [ 79 ]
African Oil Palm (Elaeis guineensis. The World production of vegetable oil seed is forecast to be 418 million tonnes in 2008/09. After pressing this will make 131 million tonnes of vegetable oil. [22] Much of this is from Oil Palm, and palm oil production is growing at 5% per year. At about 7.5 lb/USgal (900 g/L) this is about 38 billion ...
Products containing Certified Sustainable Palm Oil (CSPO) can carry the RSPO trademark. [4] Members of the RSPO include palm oil producers, environmental groups, and manufacturers who use palm oil in their products. In 2014, Indonesia accounted for 40% of global palm oil production and 44% of the total RSPO-certified areas. [5]
Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 95% of the world's ramie fiber but only 17% of the world's wheat. Products with more evenly distributed production see more frequent changes in the ranking of the top producers.