Palm Kernel Oil Price

Palm Kernel Oil: 2,264 USD/mt (World, Aug 2026). Source: World Bank.

Price Chart

Price data table

Recent prices

PeriodPrice (USD/mt)Change
Aug 20262,264-6.2%
Jul 20262,413+11.4%
Jun 20262,166-10.3%
May 20262,416-7.3%
Apr 20262,606+1.2%
Mar 20262,574+12.2%
Feb 20262,295+8.0%
Jan 20262,125+6.6%
Dec 20251,993-7.4%
Nov 20252,153-5.3%
Oct 20252,273-5.8%
Sep 20252,414+6.6%

Annual averages

YearAverage (USD/mt)Change
2026 (year to date)2,357.38+12.6%
20252,093.33+48.3%
20241,411.75+42.5%
2023990.58-38.7%
20221,616.75+5.5%
20211,533+86.0%
2020824.17+23.9%
2019665.33-28.2%
2018926.42-28.1%
20171,288.67-1.0%
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About Palm Kernel Oil

Pressed from the kernel (seed) inside the palm fruit, not the fruit's flesh (that's palm oil, tracked separately) - a different, more saturated fat closer in composition to coconut oil, used in soaps, cosmetics and specialty food fats. Produced almost entirely wherever palm oil already is, since it's a byproduct of the same harvest: Indonesia and Malaysia together supply the large majority of world exports.

Latest World price (2026-08): +37% vs. the 5-year average, +69% vs. the 10-year average, +0% vs. a year ago.

Top Palm Kernel Oil Producers

RankCountry
1Indonesia4,968,400 t
2Malaysia2,116,509 t
3Thailand308,400 t
4Nigeria167,900 t
5Colombia118,672 t
6Guatemala74,487 t
7Papua New Guinea74,000 t
8Ghana63,000 t
9Côte d’Ivoire59,800 t
10Honduras51,200 t
11Mexico42,000 t
12Costa Rica40,500 t
13Cameroon37,800 t
14Ecuador30,200 t
15Peru25,400 t
16Sierra Leone17,741 t
17China16,934 t
18Congo - Kinshasa16,400 t
19Togo16,000 t
20Philippines14,500 t
21Benin12,600 t
22Angola11,100 t
23Gabon10,600 t
24Cambodia10,100 t
25Venezuela9,277 t
26Dominican Republic9,001 t
27Paraguay6,674 t
28Nicaragua6,433 t
29Guinea4,876 t
30Burundi3,757 t
31Tanzania3,545 t
32Senegal3,445 t
33Congo - Brazzaville3,065 t
34Solomon Islands2,053 t
35Liberia2,000 t
36Panama1,120 t
37Equatorial Guinea1,100 t
38Guinea-Bissau998 t
39Madagascar587 t
40São Tomé & Príncipe480 t
41France126 t
42Netherlands27 t
43Suriname12 t

FAOSTAT production data, 2023.

Top Palm Kernel Oil Importers

RankCountry
1China720,367 t
2United States345,131 t
3Germany312,891 t
4Brazil219,713 t
5Malaysia182,533 t
6Netherlands172,561 t
7India119,705 t
8Russia83,249 t
9Spain75,363 t
10Japan73,637 t
11Türkiye62,417 t
12Mexico61,896 t
13Belgium45,359 t
14Italy39,578 t
15Sweden32,441 t
16South Africa28,589 t
17Egypt25,770 t
18Poland21,444 t
19Sudan20,067 t
20Greece19,737 t
21United Kingdom16,898 t
22Czechia16,124 t
23Argentina15,105 t
24Kenya13,781 t
25Canada13,439 t
26Philippines13,419 t
27France10,329 t
28Australia9,936 t
29Bangladesh9,747 t
30South Korea9,236 t
31Djibouti8,506 t
32Austria8,483 t
33Saudi Arabia7,129 t
34Tunisia5,779 t
35Morocco5,756 t
36Colombia5,505 t
37Thailand4,986 t
38Hungary4,491 t
39Nigeria4,280 t
40Chile4,199 t
41Bulgaria3,253 t
42Ecuador3,044 t
43Costa Rica2,993 t
44Vietnam2,964 t
45Brunei2,955 t
46Uganda2,672 t
47Ukraine2,462 t
48United Arab Emirates2,410 t
49Iraq2,370 t
50Slovakia2,309 t
51Pakistan2,284 t
52Trinidad & Tobago2,066 t
53Uruguay2,028 t
54Switzerland1,983 t
55Kuwait1,875 t
56Yemen1,838 t
57Dominican Republic1,787 t
58Kazakhstan1,744 t
59Myanmar (Burma)1,623 t
60Singapore1,536 t
61Ghana1,426 t
62Iran1,168 t
63Ireland1,123 t
64Algeria1,103 t
65Sri Lanka1,017 t
66Serbia933 t
67Bahrain879 t
68Syria871 t
69Israel865 t
70Burkina Faso840 t
71Lithuania778 t
72Tanzania739 t
73Jamaica593 t
74Guinea584 t
75Paraguay582 t
76Bolivia449 t
77Guatemala434 t
78Zimbabwe428 t
79Taiwan426 t
80Qatar423 t
81Zambia403 t
82Senegal389 t
83Nicaragua322 t
84Oman319 t
85New Zealand317 t
86Denmark305 t
87Mali302 t
88Lebanon285 t
89Jordan279 t
90Croatia260 t
91El Salvador238 t
92Fiji227 t
93Congo - Brazzaville221 t
94Romania188 t
95Portugal181 t
96Georgia174 t
97Slovenia158 t
98Dominica153 t
99Mauritius153 t
100Honduras150 t
101Latvia138 t
102Congo - Kinshasa136 t
103Azerbaijan133 t
104Angola131 t
105Cambodia110 t
106Peru71 t
107Benin64 t
108Turkmenistan64 t
109Afghanistan57 t
110Hong Kong SAR China52 t
111Finland46 t
112Madagascar41 t
113Moldova38 t
114Norway29 t
115Nepal29 t
116Cyprus25 t
117Papua New Guinea21 t
118Namibia20 t
119Uzbekistan19 t
120Suriname15 t
121Mauritania14 t
122Barbados11 t
123Libya10 t
124Indonesia10 t
125St. Vincent & Grenadines10 t
126Niger6 t
127Chad5 t
128St. Lucia4 t
129Ethiopia4 t
130Venezuela3 t
131Grenada2 t
132Laos2 t
133Tonga2 t
134Guyana2 t
135Bahamas1 t
136Seychelles1 t
137Niue1 t
138Mozambique1 t
139Panama1 t
140Malawi1 t
141Iceland0 t
142Bhutan0 t
143Luxembourg0 t
144Eswatini0 t
145Malta0 t
146Botswana0 t
147Lesotho0 t
148Samoa0 t
149New Caledonia0 t
150Antigua & Barbuda0 t
151São Tomé & Príncipe0 t
152Haiti0 t
153Marshall Islands0 t
154Guinea-Bissau0 t

FAOSTAT trade data, 2023.

Top Palm Kernel Oil Exporters

RankCountry
1Indonesia1,408,126 t
2Malaysia646,175 t
3Thailand107,921 t
4Colombia93,527 t
5Guatemala78,777 t
6Netherlands51,473 t
7Honduras50,370 t
8Germany31,054 t
9Costa Rica29,679 t
10Papua New Guinea25,087 t
11Peru21,379 t
12Saudi Arabia20,220 t
13Côte d’Ivoire20,185 t
14United States19,366 t
15Spain11,329 t
16Djibouti8,111 t
17Cambodia8,100 t
18Gabon6,338 t
19Ghana6,158 t
20Belgium4,679 t
21Venezuela4,246 t
22Ecuador4,112 t
23Italy3,469 t
24Solomon Islands3,153 t
25Türkiye2,747 t
26Philippines2,526 t
27Estonia2,144 t
28Greece1,876 t
29Nicaragua1,708 t
30Panama1,074 t
31Brazil1,058 t
32Liberia926 t
33South Africa899 t
34Sierra Leone808 t
35United Arab Emirates771 t
36France544 t
37Sweden541 t
38Myanmar (Burma)455 t
39Singapore223 t
40Mexico202 t
41United Kingdom184 t
42Slovenia153 t
43Tanzania150 t
44Cameroon128 t
45Nigeria111 t
46Nepal108 t
47Poland79 t
48Chile74 t
49India51 t
50Paraguay48 t
51Belize46 t
52Lithuania40 t
53Japan40 t
54Uruguay27 t
55Canada23 t
56Guinea21 t
57Iran19 t
58Portugal18 t
59Algeria15 t
60Slovakia13 t
61Tunisia10 t
62Benin9 t
63Austria7 t
64South Korea5 t
65Israel5 t
66Fiji3 t
67Russia3 t
68Seychelles2 t
69Denmark2 t
70Taiwan2 t
71Sri Lanka1 t
72Latvia1 t
73New Zealand1 t
74Bolivia1 t
75Cyprus1 t
76Madagascar1 t
77St. Vincent & Grenadines1 t
78Guyana0 t
79Croatia0 t
80Czechia0 t
81Samoa0 t
82St. Lucia0 t
83Bangladesh0 t
84Senegal0 t
85Trinidad & Tobago0 t
86Bulgaria0 t
87China0 t
88Dominican Republic0 t
89French Polynesia0 t
90Ireland0 t
91Australia0 t
92Iceland0 t
93Luxembourg0 t
94Switzerland0 t

FAOSTAT trade data, 2023.

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