Oil palm fruit — Gross Production Value in South America

South America: Oil palm fruit — Gross Production Value was 4.84 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
4.84 million 1000 USD
Change on year
down 3.0%
Rank
4th
of 14 groups
All-time high
5.49 million 1000 USD
in 2014
All-time low
30,355 1000 USD
in 1961
Years of data
64
1961–2024

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

02.0M4.0M6.0M196119922024

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

Analysis

The most recent figure for oil palm fruit — gross production value in South America is 4.84 million 1000 USD, measured in 2024.

That represents a change of down 3.0% on the previous year and down 11.8% over ten years.

Over the whole period, oil palm fruit — gross production value in South America peaked at 5.49 million 1000 USD in 2014 and was at its lowest, 30,355 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 South America, year by year

Annual values for Oil palm fruit — Gross Production Value (constant 2014-2016 thousand US$) in South America, 1961 to 2024.
Year 1000 USD Change
1961 30,355 1000 USD
1962 35,410 1000 USD +16.7%
1963 36,595 1000 USD +3.3%
1964 39,797 1000 USD +8.7%
1965 46,205 1000 USD +16.1%
1966 45,955 1000 USD -0.5%
1967 81,804 1000 USD +78.0%
1968 120,296 1000 USD +47.1%
1969 109,877 1000 USD -8.7%
1970 114,286 1000 USD +4.0%
1971 136,826 1000 USD +19.7%
1972 149,654 1000 USD +9.4%
1973 152,044 1000 USD +1.6%
1974 164,317 1000 USD +8.1%
1975 153,698 1000 USD -6.5%
1976 152,973 1000 USD -0.5%
1977 171,212 1000 USD +11.9%
1978 200,517 1000 USD +17.1%
1979 240,705 1000 USD +20.0%
1980 261,976 1000 USD +8.8%
1981 290,092 1000 USD +10.7%
1982 330,648 1000 USD +14.0%
1983 390,843 1000 USD +18.2%
1984 433,250 1000 USD +10.9%
1985 492,834 1000 USD +13.8%
1986 520,931 1000 USD +5.7%
1987 582,222 1000 USD +11.8%
1988 762,210 1000 USD +30.9%
1989 812,061 1000 USD +6.5%
1990 880,314 1000 USD +8.4%
1991 1.14 million 1000 USD +29.6%
1992 1.42 million 1000 USD +24.1%
1993 1.61 million 1000 USD +13.8%
1994 1.80 million 1000 USD +11.6%
1995 2.00 million 1000 USD +11.3%
1996 2.46 million 1000 USD +22.7%
1997 2.83 million 1000 USD +15.2%
1998 2.99 million 1000 USD +5.8%
1999 3.09 million 1000 USD +3.1%
2000 3.34 million 1000 USD +8.4%
2001 3.32 million 1000 USD -0.9%
2002 3.10 million 1000 USD -6.4%
2003 2.86 million 1000 USD -7.9%
2004 3.49 million 1000 USD +22.0%
2005 3.48 million 1000 USD -0.1%
2006 3.50 million 1000 USD +0.5%
2007 3.61 million 1000 USD +3.1%
2008 3.87 million 1000 USD +7.2%
2009 3.75 million 1000 USD -3.0%
2010 4.38 million 1000 USD +16.7%
2011 4.87 million 1000 USD +11.2%
2012 4.76 million 1000 USD -2.4%
2013 5.03 million 1000 USD +5.8%
2014 5.49 million 1000 USD +9.2%
2015 4.00 million 1000 USD -27.2%
2016 3.54 million 1000 USD -11.5%
2017 4.78 million 1000 USD +35.0%
2018 4.95 million 1000 USD +3.6%
2019 4.98 million 1000 USD +0.5%
2020 4.38 million 1000 USD -12.0%
2021 4.79 million 1000 USD +9.2%
2022 4.89 million 1000 USD +2.1%
2023 4.99 million 1000 USD +2.2%
2024 4.84 million 1000 USD -3.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 60,699 1000 USD 30,355 1000 USD 120,296 1000 USD 9
1970s 163,623 1000 USD 114,286 1000 USD 240,705 1000 USD 10
1980s 487,707 1000 USD 261,976 1000 USD 812,061 1000 USD 10
1990s 2.02 million 1000 USD 880,314 1000 USD 3.09 million 1000 USD 10
2000s 3.43 million 1000 USD 2.86 million 1000 USD 3.87 million 1000 USD 10
2010s 4.68 million 1000 USD 3.54 million 1000 USD 5.49 million 1000 USD 10
2020s 4.78 million 1000 USD 4.38 million 1000 USD 4.99 million 1000 USD 5

Countries ranked near South America

  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
  5. 5 Nigeria 1.06 million 1000 USD compare
  6. 6 Ghana 600,113 1000 USD compare
  7. 7 Cameroon 451,255 1000 USD compare

See the full ranking of 47 places →

More agriculture & rural data for South America

All data for South America →

Frequently asked questions

What is oil palm fruit — gross production value in South America?
Oil palm fruit — gross production value in South America was 4.84 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 South America?
The highest recorded value was 5.49 million 1000 USD in 2014.
What is the lowest oil palm fruit — gross production value recorded in South America?
The lowest recorded value was 30,355 1000 USD in 1961.
How does South America rank for oil palm fruit — gross production value?
South America ranks 4th out of 14 groups with data for 2024.
Is oil palm fruit — gross production value rising or falling in South America?
Over the last ten years it is down 11.8%. The long-run trend across the full record is volatile.
Where does this South America 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 South America. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-constant-2014-2016-thousand-us/south-america/

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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.