Palm Oil — Processing in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Palm Oil — Processing was 45 1000 t in 2023. ▼ Falling
Palm Oil — Processing in Least Developed Countries (LDCs), 2010–2023
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 t.
Analysis
Least Developed Countries (LDCs) recorded 45 1000 t for palm oil — processing in 2023.
Compared with earlier readings it is down 10.0% on the previous year and down 27.4% over ten years.
Over the whole period, palm oil — processing in Least Developed Countries (LDCs) peaked at 78 1000 t in 2014 and was at its lowest, 44 1000 t, in 2016.
Least Developed Countries (LDCs) ranks 25th of 28 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Palm Oil — Processing in Least Developed Countries (LDCs), year by year
| Year | 1000 t | Change |
|---|---|---|
| 2010 | 73 1000 t | — |
| 2011 | 60 1000 t | -17.8% |
| 2012 | 50 1000 t | -16.7% |
| 2013 | 62 1000 t | +24.0% |
| 2014 | 78 1000 t | +25.8% |
| 2015 | 55 1000 t | -29.5% |
| 2016 | 44 1000 t | -20.0% |
| 2017 | 58 1000 t | +31.8% |
| 2018 | 56 1000 t | -3.4% |
| 2019 | 46 1000 t | -17.9% |
| 2020 | 53 1000 t | +15.2% |
| 2021 | 68 1000 t | +28.3% |
| 2022 | 50 1000 t | -26.5% |
| 2023 | 45 1000 t | -10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 58.2 1000 t | 44 1000 t | 78 1000 t | 10 |
| 2020s | 54 1000 t | 45 1000 t | 68 1000 t | 4 |
Countries ranked near Least Developed Countries (LDCs)
- 22 Spain 70 1000 t compare
- 23 Ukraine 69 1000 t compare
- 24 China, Taiwan Province of 67 1000 t compare
- 25 Côte d'Ivoire 65 1000 t compare
- 25 Cote d'Ivoire 65 1000 t compare
- 27 South Africa 63 1000 t compare
- 28 Guatemala 62 1000 t compare
More agriculture & rural data for Least Developed Countries (LDCs)
- Livestock — Gross Production Value (constant 2014-2016 thousand I$) 2.68 % change on previous year (2024)
- Meat of sheep, fresh or chilled — Production, annual growth rate 3.24 % change on previous year (2024)
- Meat of sheep, fresh or chilled — Producing Animals/Slaughtered -0.4713 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Area harvested 1.35 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Yield, annual 4.6 % change on previous year (2024)
- Onions and shallots, dry (excluding dehydrated) — Production, annual 6.01 % change on previous year (2024)
- Other fruits, n.e.c. — Area harvested, annual growth rate 1.87 % change on previous year (2024)
- Other fruits, n.e.c. — Production, annual growth rate 3 % change on previous year (2024)
- Other fruits, n.e.c. — Yield, annual growth rate 1.11 % change on previous year (2024)
- Meat of sheep, fresh or chilled — Yield/Carcass Weight, annual growth 0 % change on previous year (2024)
Frequently asked questions
- What is palm oil — processing in Least Developed Countries (LDCs)?
- Palm oil — processing in Least Developed Countries (LDCs) was 45 1000 t in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest palm oil — processing recorded in Least Developed Countries (LDCs)?
- The highest recorded value was 78 1000 t in 2014.
- What is the lowest palm oil — processing recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 44 1000 t in 2016.
- How does Least Developed Countries (LDCs) rank for palm oil — processing?
- Least Developed Countries (LDCs) ranks 25th out of 28 groups with data for 2023.
- Is palm oil — processing rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is down 27.4%. The long-run trend across the full record is falling.
- Where does this Least Developed Countries (LDCs) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Palm Oil — Processing. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
A food balance sheet presents a comprehensive picture of the pattern of a country's food supply during a specified reference period. The food balance sheet shows for each food item - i.e. each primary commodity and a number of processed commodities potentially available for human consumption - the sources of supply and its utilization. The total quantity of foodstuffs produced in a country added to the total quantity imported and adjusted to any change in stocks that may have occurred since the beginning of the reference period gives the supply available during that period. On the utilization side a distinction is made between the quantities exported, fed to livestock, used for seed, put to manufacture for food use and non-food uses, losses during storage and transportation, and food supplies available for human consumption. The per caput supply of each such food item available for human consumption is then obtained by dividing the respective quantity by the related data on the population actually partaking of it. Data on per capita food supplies are expressed in terms of quantity and - by applying appropriate food composition factors for all primary and processed products - also in terms of caloric value and protein and fat content.