While Congo produced 224,000 tons of palm oil in 1961, Malaysia and Indonesia produced 94,846 tons and 145,700 tons respectively. Sixty years later, Congo¡¯s production was stagnating at 300,000 tons, while Malaysia¡¯s and Indonesia¡¯s production had exponentially grown to 19.1 million tons and 44.8 million tons respectively.
What is the future of vegetable oil in DR Congo?
Opportunities for the DR Congo The global vegetable oil market is expected to grow in value at over 7% per year from USD 318 billion in 2022 to reach USD 791 billion by 2031, with the palm oil segment being the biggest contributor to this growth [ 4 ].
What are some examples of vegetable oil?
Soybean oil, grape seed oil, and cocoa butter are examples of seed oils, or fats from seeds. Olive oil, palm oil, and rice bran oil are examples of fats from other parts of plants. In common usage, vegetable oil may refer exclusively to vegetable fats which are liquid at room temperature. Vegetable oils are usually edible.
What is a vegetable oil?
Vegetable oils, or vegetable fats, are oils extracted from seeds or from other parts of edible plants. Like animal fats, vegetable fats are mixtures of triglycerides. Soybean oil, grape seed oil, and cocoa butter are examples of seed oils, or fats from seeds.