How much land is used by palm oil plantations in Malaysia?
As of 2016, palm oil plantation accounted for a total land use of 57,400 km 2 in Malaysia.
What percentage of palm oil is produced in Malaysia and Indonesia?
About 88 percent of global palm oil production was in Malaysia and Indonesia in 2007. Although much of this production took place on land long ago established for agriculture, some of it occurred in areas that were newly cleared specifically for oil palm cultivation.
What happened to oil palm production in Malaysia?
Official Malaysian government estimates recorded 230,000 tonnes decline in total production of oil palm in the Peninsular Malaysia in 2013, while production for the whole country decreased by half a million tonnes in 2014 due to floods (USDA 2015). It is estimated that yields dropped by 15% to 20% in 2021 for Sarawak (The Star 2021).
What is the importance of palm oil in Malaysia?
New palm oil plantation in East Malaysia (2010) Palm oil production is vital for the economy of Malaysia, which is the world’s second- largest producer of the commodity after Indonesia. The Malaysian Palm Oil Board (MPOB) is a government agency responsible for the promotion and development of the palm oil sector in the country.