Oils & Fats Market Report: 2024 Recap & 2025 Forecast
Analyse the notable shifts and trends in the oils & fats market during the whole of 2024 with our EOY report. This report delves into key products such as palm, sunflower, rapeseed, coconut, olive & soybean oils.
Utilising Vesper's detailed data, we identify significant market movements and emerging trends that have impacted the oils & fats sector in 2024. The report concludes with a concise outlook for the year ahead, offering essential insights for strategic planning.
What to expect from the report
The global oils and fats market showed varied performance across commodities in 2024. This report examines:
- Palm Oil: 32% price increase driven by Indonesian production shortfall and biodiesel mandates
- Lauric Oils: Dramatic price increases with coconut oil doubling to nearly $2,000/mt
- Market Divergence: Contrasting trends between olive oil’s 60% decrease and rapeseed oil’s 14% rise
- Regional Analysis: Detailed examination of Indonesian, Malaysian, and European markets
- Policy Impact: Assessment of biodiesel mandates and EU Deforestation Regulation effects
- And more…
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What is Vesper?
Vesper, vespertool.com, is a commodity intelligence platform that transforms difficult-to-understand data into easy-to-digest intelligence and actionable insights, enabling users to back their decisions with facts. The insights provided by our market analysts in this report are backed-up by Vesper’s real-time and difficult to find data.
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