Palm oil industry in Malaysia(1)
Palm oil industry in Malaysia
Malaysia currently accounts for 39 % of world palm oil production and 44% of world exports. If taken into account of other oils & fats produced in the country, Malaysia accounts for 12% and 27% of the world's total production and exports of oils and fats. Being one of the biggest producers and exporters of palm oil and palm oil products, Malaysia has an important role to play in fulfilling the growing global need for oils and fats sustainably.
The oil palm planted currently is the tenera hybrid which yields about 4.0 t of palm oil per hectare, together with 0.5 t palm kernel oil and 0.6 t palm kernel cake. Oil palm has an economic life of about 25 years. The harvesting of the palm could begin 30 months after field planting.
Palm oil planatation in Malaysia
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