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
YearPrice
20251 007
2024964
2023887
20221 276
20211 130
2020752
2019601
2018639
2017751
2016736
2015663
2014838
2013871
20121 043
20111 193
2010933
2009741
20081 043
2007817
2006508

The last 24 months

US$/t
MonthPrice
September 20261 180
August 20261 132
July 20261 133
June 20261 142
May 20261 168
April 20261 181
March 20261 167
February 20261 064
January 20261 013
December 2025980
November 2025983
October 20251 038
September 20251 037
August 20251 026
July 2025976
June 2025935
May 2025908
April 2025994
March 20251 068
February 20251 067
January 20251 070
December 20241 190
November 20241 169
October 20241 077

Who produces it: world production in 2023

Countries with recorded production: 45

FAOSTAT records no production for South Africa in 2023.

CountryTonnesShare of world
Indonesia47 084 29959%
Malaysia18 551 95023%
Thailand3 323 2004,2%
Colombia1 841 8802,3%
Nigeria1 460 0001,8%
Guatemala933 9261,2%
Papua New Guinea770 0001,0%
Honduras655 0000,8%
Brazil637 3530,8%
Côte d’Ivoire562 4650,7%

World production since 2000

Largest exporters in 2024

CountryTonnesShare of worldExport value (million US$)
Indonesia21 600 37050%20 013
Malaysia14 503 02134%13 544
Netherlands910 6672,1%1 330
Thailand877 5142,1%862
Papua New Guinea669 3341,6%616
Guatemala557 9221,3%531
Colombia409 0031,0%442
Honduras362 9300,9%397
Côte d’Ivoire307 2260,7%311
Costa Rica209 2500,5%217

Other food commodities

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.