The main destinations of South Africa exports on Palm Oil were Zimbabwe ($15.3M), Zambia ($5.3M), Namibia ($1.72M), Eswatini ($1.67M), and Botswana ($1.49M). In 2022, South Africa imported $618M in Palm Oil, mainly from Indonesia ($483M), Malaysia ($132M), Singapore ($971k), Italy ($462k), and Sweden ($295k).
What happened to South Africa’s palm oil exports in 2023 & 2024?
Between April 2023 and April 2024 the exports of South Africa ‘s Palm Oil have decreased by ZAR-2.47M (-7.02%) from ZAR35.1M to ZAR32.7M, while imports decreased by ZAR-339M (-35.4%) from ZAR958M to ZAR619M.
Does NDPE cover 83% of palm oil refineries?
"NDPE Policies Cover 83% of Palm Oil Refineries; Implementation at 78%". The Chain Reaction Research.
Who will build Africa’s Oil Refinery?
The construction of the refinery will be undertaken by a joint venture comprising Korean-based, Samsung Engineering with a 45% stake and Spanish-based, Técnicas Reunidas with 55%. Key gas and oil refinery projects are to be launched through 2025 to improve Africa’s refining capacity and reduce imports.