Oil palm fruit — Gross Production Value in Asia

Asia: Oil palm fruit — Gross Production Value was 44.89 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
44.89 million 1000 USD
Change on year
up 2.6%
Rank
1st
of 5 groups
All-time high
44.89 million 1000 USD
in 2024
All-time low
211,098 1000 USD
in 1961
Years of data
64
1961–2024

Oil palm fruit — Gross Production Value in Asia, 1961–2024

010.0M20.0M30.0M40.0M196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

Asia recorded 44.89 million 1000 USD for oil palm fruit — gross production value in 2024. That is the highest value across all 64 years on record.

That represents a change of up 2.6% on the previous year and up 38.4% over ten years.

Over the whole period, oil palm fruit — gross production value in Asia peaked at 44.89 million 1000 USD in 2024 and was at its lowest, 211,098 1000 USD, in 1961.

The series is highly variable year to year, so single readings are best treated with caution.

Oil palm fruit — Gross Production Value in Asia, year by year

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$) in Asia, 1961 to 2024.
Year 1000 USD Change
1961 211,098 1000 USD
1962 216,405 1000 USD +2.5%
1963 229,264 1000 USD +5.9%
1964 231,308 1000 USD +0.9%
1965 247,433 1000 USD +7.0%
1966 293,802 1000 USD +18.7%
1967 327,253 1000 USD +11.4%
1968 388,915 1000 USD +18.8%
1969 470,466 1000 USD +21.0%
1970 547,677 1000 USD +16.4%
1971 688,814 1000 USD +25.8%
1972 791,208 1000 USD +14.9%
1973 875,754 1000 USD +10.7%
1974 1.06 million 1000 USD +21.3%
1975 1.27 million 1000 USD +19.6%
1976 1.32 million 1000 USD +4.0%
1977 1.47 million 1000 USD +11.3%
1978 1.83 million 1000 USD +24.2%
1979 2.04 million 1000 USD +11.4%
1980 2.33 million 1000 USD +14.7%
1981 2.62 million 1000 USD +12.0%
1982 3.20 million 1000 USD +22.3%
1983 2.90 million 1000 USD -9.4%
1984 3.67 million 1000 USD +26.9%
1985 4.06 million 1000 USD +10.5%
1986 4.45 million 1000 USD +9.5%
1987 4.52 million 1000 USD +1.7%
1988 5.11 million 1000 USD +13.0%
1989 5.82 million 1000 USD +13.9%
1990 5.97 million 1000 USD +2.6%
1991 6.19 million 1000 USD +3.6%
1992 6.55 million 1000 USD +5.9%
1993 8.00 million 1000 USD +22.0%
1994 8.22 million 1000 USD +2.7%
1995 9.02 million 1000 USD +9.7%
1996 9.57 million 1000 USD +6.2%
1997 10.35 million 1000 USD +8.1%
1998 10.10 million 1000 USD -2.5%
1999 12.19 million 1000 USD +20.7%
2000 12.81 million 1000 USD +5.1%
2001 13.80 million 1000 USD +7.7%
2002 14.53 million 1000 USD +5.3%
2003 16.36 million 1000 USD +12.6%
2004 17.73 million 1000 USD +8.4%
2005 19.45 million 1000 USD +9.7%
2006 21.55 million 1000 USD +10.8%
2007 21.19 million 1000 USD -1.7%
2008 23.73 million 1000 USD +12.0%
2009 23.81 million 1000 USD +0.3%
2010 25.80 million 1000 USD +8.4%
2011 28.31 million 1000 USD +9.7%
2012 30.38 million 1000 USD +7.3%
2013 31.59 million 1000 USD +4.0%
2014 32.44 million 1000 USD +2.7%
2015 33.71 million 1000 USD +3.9%
2016 32.43 million 1000 USD -3.8%
2017 38.74 million 1000 USD +19.4%
2018 39.93 million 1000 USD +3.1%
2019 41.41 million 1000 USD +3.7%
2020 42.20 million 1000 USD +1.9%
2021 44.35 million 1000 USD +5.1%
2022 43.58 million 1000 USD -1.7%
2023 43.76 million 1000 USD +0.4%
2024 44.89 million 1000 USD +2.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 290,660 1000 USD 211,098 1000 USD 470,466 1000 USD 9
1970s 1.19 million 1000 USD 547,677 1000 USD 2.04 million 1000 USD 10
1980s 3.87 million 1000 USD 2.33 million 1000 USD 5.82 million 1000 USD 10
1990s 8.62 million 1000 USD 5.97 million 1000 USD 12.19 million 1000 USD 10
2000s 18.49 million 1000 USD 12.81 million 1000 USD 23.81 million 1000 USD 10
2010s 33.47 million 1000 USD 25.80 million 1000 USD 41.41 million 1000 USD 10
2020s 43.76 million 1000 USD 42.20 million 1000 USD 44.89 million 1000 USD 5

Countries ranked near Asia

  1. 1 Indonesia 27.19 million 1000 USD compare
  2. 2 Malaysia 14.00 million 1000 USD compare
  3. 3 Colombia 4.08 million 1000 USD compare
  4. 4 Thailand 3.45 million 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for Asia

All data for Asia →

Frequently asked questions

What is oil palm fruit — gross production value in Asia?
Oil palm fruit — gross production value in Asia was 44.89 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest oil palm fruit — gross production value recorded in Asia?
The highest recorded value was 44.89 million 1000 USD in 2024.
What is the lowest oil palm fruit — gross production value recorded in Asia?
The lowest recorded value was 211,098 1000 USD in 1961.
How does Asia rank for oil palm fruit — gross production value?
Asia ranks 1st out of 5 groups with data for 2024.
Is oil palm fruit — gross production value rising or falling in Asia?
Over the last ten years it is up 38.4%. The long-run trend across the full record is volatile.
Where does this Asia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Oil palm fruit — Gross Production Value in Asia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 29 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-constant-2014-2016-thousand-us/asia/

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About this data

Indicator
Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
47 places, 2,821 data points, 1961–2024
Last refreshed

The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.