Bulk exports dominate Tunisia’s shipments, accounting for 88.1% of total volume, while packaged olive oil, typically commanding higher margins, represented just 11.9%.
Global coconut oil production has stagnated near 3 million tons annually over the past three decades, limiting supply growth amid rising demand.
To address this, Unilever partnered with KIS Group to source biomethane from nearby mills participating in its sustainable palm oil programme.
SEA cautions that the new requirements may be challenging for thousands of small producers who lack digital infrastructure.
The surge is fueled by peanut oil’s reputation as a heart-healthy cooking option.