As of June 28, 2026, the EU had imported 790,000 tonnes of palm oil from Malaysia during the 2024/25 marketing year (July to June), marking a 6.6% year-on-year increase; its market share rose from 24.6% to 27.7%.
The EU is a major consumer of palm oil. The 6.6% year-on-year rise in imports—reaching 790,000 tonnes by June 28, 2026—and the increase in market share from 24.6% to 27.7% reflect positive demand trends. This supports palm oil spot prices and bodes well for future price performance.
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