World Bank · Pink Sheet
Palm oil
Malaysia, refined, export price
1,180 US$/tPrice · September 2026
+4.2%1 month
+13.8%12 months
-0.1%5 years
Monthly price since 2000
US$/t
Annual average price
US$/t
| Year | Price |
|---|---|
| 2025 | 1,007 |
| 2024 | 964 |
| 2023 | 887 |
| 2022 | 1,276 |
| 2021 | 1,130 |
| 2020 | 752 |
| 2019 | 601 |
| 2018 | 639 |
| 2017 | 751 |
| 2016 | 736 |
| 2015 | 663 |
| 2014 | 838 |
| 2013 | 871 |
| 2012 | 1,043 |
| 2011 | 1,193 |
| 2010 | 933 |
| 2009 | 741 |
| 2008 | 1,043 |
| 2007 | 817 |
| 2006 | 508 |
The last 24 months
US$/t
| Month | Price |
|---|---|
| September 2026 | 1,180 |
| August 2026 | 1,132 |
| July 2026 | 1,133 |
| June 2026 | 1,142 |
| May 2026 | 1,168 |
| April 2026 | 1,181 |
| March 2026 | 1,167 |
| February 2026 | 1,064 |
| January 2026 | 1,013 |
| December 2025 | 980 |
| November 2025 | 983 |
| October 2025 | 1,038 |
| September 2025 | 1,037 |
| August 2025 | 1,026 |
| July 2025 | 976 |
| June 2025 | 935 |
| May 2025 | 908 |
| April 2025 | 994 |
| March 2025 | 1,068 |
| February 2025 | 1,067 |
| January 2025 | 1,070 |
| December 2024 | 1,190 |
| November 2024 | 1,169 |
| October 2024 | 1,077 |
Who produces it: world production in 2023
Countries with recorded production: 45
FAOSTAT records no production for Seychelles in 2023.
| Country | Tonnes | Share of world |
|---|---|---|
| Indonesia | 47,084,299 | 59% |
| Malaysia | 18,551,950 | 23% |
| Thailand | 3,323,200 | 4.2% |
| Colombia | 1,841,880 | 2.3% |
| Nigeria | 1,460,000 | 1.8% |
| Guatemala | 933,926 | 1.2% |
| Papua New Guinea | 770,000 | 1.0% |
| Honduras | 655,000 | 0.8% |
| Brazil | 637,353 | 0.8% |
| Côte d’Ivoire | 562,465 | 0.7% |
World production since 2000
Largest exporters in 2024
| Country | Tonnes | Share of world |
|---|---|---|
| Indonesia | 21,600,370 | 50% |
| Malaysia | 14,503,021 | 34% |
| Netherlands | 910,667 | 2.1% |
| Thailand | 877,514 | 2.1% |
| Papua New Guinea | 669,334 | 1.6% |
| Guatemala | 557,922 | 1.3% |
| Colombia | 409,003 | 1.0% |
| Honduras | 362,930 | 0.9% |
| Côte d’Ivoire | 307,226 | 0.7% |
| Costa Rica | 209,250 | 0.5% |
Other food commodities
WheatMaizeRiceSoybeansSoybean oilSunflower oilRapeseed oilCoffee, ArabicaCoffee, RobustaCocoaTeaSugarBananasOrangesBeefChicken
These are prices on international markets, in US dollars, not shop prices: changes take months to reach the shelves, and exchange rates, transport and local costs count just as much.
Source: World Bank Commodity Price Data (The Pink Sheet), update of 2 October 2026, CC BY 4.0 · Shelfpedia calculations: changes over one month, twelve months and five years.
Source: FAOSTAT, Crops and livestock products — production (update of 23 December 2025) and trade (update of 23 July 2026), compiled by FAO, CC BY 4.0 · Shelfpedia calculations: shares and ranks.