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Link to original content: http://statista.com/statistics/1198777/malaysia-average-closing-stocks-palm-oil/
Malaysia: average closing stocks palm oil 2023 | Statista

Average closing stocks of palm oil Malaysia 2017-2023

Published by
Amanda Siddharta,
Jun 17, 2024

In 2023, the average closing stocks for palm oil in Malaysia amounted to around two million metric tons. This was an increase compared to the previous year. The decrease in palm oil stocks in 2020 and 2021 were due to several factors, including unfavorable weather patterns for optimal crop yield, as well as the lockdowns imposed during the COVID-19 pandemic.

Average closing stocks of palm oil in Malaysia from 2017 to 2023 (in million metric tons)

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Release date

June 2024

Region

Malaysia

Survey time period

2017 to 2023

Supplementary notes

The source did not provide a date of publication. The date here reflects the date of access.

Figures have been rounded.

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