Oil palm fruit — Gross Production Value in Asia

Asia: Oil palm fruit — Gross Production Value was 54.65 million 1000 USD in 2024. ◆ Volatile

Latest (2024)
54.65 million 1000 USD
Change on year
down 2.6%
Rank
1st
of 5 regions
All-time high
61.34 million 1000 USD
in 2022
All-time low
1.58 million 1000 USD
in 1991
Years of data
34
1991–2024

Oil palm fruit — Gross Production Value in Asia, 1991–2024

020.0M40.0M60.0M1991200720241991: 1.6M 1000 USD1992: 2.2M 1000 USD1993: 3.0M 1000 USD1994: 3.9M 1000 USD1995: 4.6M 1000 USD1996: 4.6M 1000 USD1997: 4.7M 1000 USD1998: 3.0M 1000 USD1999: 3.0M 1000 USD2000: 2.3M 1000 USD2001: 2.1M 1000 USD2002: 3.4M 1000 USD2003: 4.5M 1000 USD2004: 7.5M 1000 USD2005: 7.4M 1000 USD2006: 11.4M 1000 USD2007: 14.8M 1000 USD2008: 20.0M 1000 USD2009: 21.6M 1000 USD2010: 33.8M 1000 USD2011: 41.0M 1000 USD2012: 39.1M 1000 USD2013: 35.3M 1000 USD2014: 36.4M 1000 USD2015: 29.8M 1000 USD2016: 32.2M 1000 USD2017: 34.1M 1000 USD2018: 28.9M 1000 USD2019: 26.8M 1000 USD2020: 33.6M 1000 USD2021: 52.7M 1000 USD2022: 61.3M 1000 USD2023: 56.1M 1000 USD2024: 54.7M 1000 USD

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

Analysis

Asia recorded 54.65 million 1000 USD for oil palm fruit — gross production value in 2024.

Compared with earlier readings it is down 2.6% on the previous year and up 50.3% over ten years.

Over the whole period, oil palm fruit — gross production value in Asia peaked at 61.34 million 1000 USD in 2022 and was at its lowest, 1.58 million 1000 USD, in 1991.

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 (current thousand US$) in Asia, 1991 to 2024.
Year 1000 USD Change
1991 1.58 million 1000 USD
1992 2.22 million 1000 USD +40.7%
1993 2.98 million 1000 USD +34.3%
1994 3.86 million 1000 USD +29.9%
1995 4.63 million 1000 USD +19.8%
1996 4.62 million 1000 USD -0.3%
1997 4.74 million 1000 USD +2.6%
1998 3.05 million 1000 USD -35.6%
1999 3.00 million 1000 USD -1.5%
2000 2.34 million 1000 USD -22.1%
2001 2.11 million 1000 USD -10.0%
2002 3.37 million 1000 USD +60.3%
2003 4.52 million 1000 USD +33.8%
2004 7.54 million 1000 USD +67.1%
2005 7.42 million 1000 USD -1.6%
2006 11.36 million 1000 USD +53.1%
2007 14.80 million 1000 USD +30.3%
2008 20.01 million 1000 USD +35.2%
2009 21.59 million 1000 USD +7.9%
2010 33.80 million 1000 USD +56.6%
2011 41.02 million 1000 USD +21.4%
2012 39.08 million 1000 USD -4.7%
2013 35.29 million 1000 USD -9.7%
2014 36.35 million 1000 USD +3.0%
2015 29.85 million 1000 USD -17.9%
2016 32.21 million 1000 USD +7.9%
2017 34.10 million 1000 USD +5.9%
2018 28.90 million 1000 USD -15.3%
2019 26.83 million 1000 USD -7.1%
2020 33.60 million 1000 USD +25.2%
2021 52.67 million 1000 USD +56.8%
2022 61.34 million 1000 USD +16.5%
2023 56.12 million 1000 USD -8.5%
2024 54.65 million 1000 USD -2.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.41 million 1000 USD 1.58 million 1000 USD 4.74 million 1000 USD 9
2000s 9.51 million 1000 USD 2.11 million 1000 USD 21.59 million 1000 USD 10
2010s 33.74 million 1000 USD 26.83 million 1000 USD 41.02 million 1000 USD 10
2020s 51.68 million 1000 USD 33.60 million 1000 USD 61.34 million 1000 USD 5

Countries ranked near Asia

  1. 1 Indonesia 32.26 million 1000 USD compare
  2. 2 Malaysia 19.15 million 1000 USD compare
  3. 3 Colombia 7.76 million 1000 USD compare
  4. 4 Thailand 2.99 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 54.65 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 61.34 million 1000 USD in 2022.
What is the lowest oil palm fruit — gross production value recorded in Asia?
The lowest recorded value was 1.58 million 1000 USD in 1991.
How does Asia rank for oil palm fruit — gross production value?
Asia ranks 1st out of 5 regions with data for 2024.
Is oil palm fruit — gross production value rising or falling in Asia?
Over the last ten years it is up 50.3%. 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 (current 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 22 August 2026, from https://agriculture.statizoid.com/stat/oil-palm-fruit-gross-production-value-current-thousand-us/asia/

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About this data

Indicator
Oil palm fruit — Gross Production Value (current 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, 1,581 data points, 1991–2024
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.