Palm Oil

The replanting rate dropped further to 2% last year, prompting concerns about long-term sustainability.

Sunflower oil imports declined by 7% in July as market preferences continued to favor more competitively priced soyoil.

The initiative marks a strategic pivot toward modernising the sector and reclaiming Nigeria’s status as a global palm oil powerhouse.

This increase highlights Kenya’s notable dependence on palm oil, which accounts for over 90% of the nation’s total oil and fat consumption.

This report breaks down the significant factors influencing price movements and highlights actionable strategies within the market’s volatility.