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Home > Palm Oil News > News Detail
Palm Oil News
SunSirs: EU Imports of Indonesian Palm Oil Show Significant Year-on-Year Decline
August 17 2026 11:14:57SunSirs(Selena)

As of August 9, 2026, the EU had imported 82,000 tonnes of palm oil from Indonesia for the 2026/27 marketing year (July–June), a year-on-year decrease of 30.1%. Indonesia's share of these imports fell from 33.9% to 30.2%.

The EU is a major market for palm oil consumption. The 30.1% drop in imports from Indonesia (to 82,000 tonnes) and the decline in market share from 33.9% to 30.2% indicate weak overseas demand. This exerts downward pressure on spot palm oil prices and is considered a generally bearish factor.

 

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