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 South Africa 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.