Despite this progress, the output remains insufficient to meet the country’s burgeoning domestic demand for palm oil, underscoring a persistent supply-demand imbalance.
Telangana contributed 12,005 hectares to the increase in cultivation, while Andhra Pradesh added 13,286 hectares.
This shift could add an estimated 5.3 million tons to domestic palm oil demand.
A Joint Working Group co-chaired by APOA and CPOPC, with Solidaridad serving as the technical secretariat, will oversee the implementation of the MoU.
By investing in productivity, sustainability, and inclusive growth, Côte d’Ivoire aims to reclaim its leadership in the West African palm oil market.