(In USD Current Price)
Year -
The import volume of palm oil was 1.01 billion kg, and the value was $1.32 billion.
In 2022, Philippines's import of palm oil reached 1.01 billion Kg, valued at $1.32 billion. This represents an increase, which is significant compared to the last import year, 2021, when imports were 544.12 million Kg worth $597.73 million. The net change from 2021 to 2022 shows an increase of 470.24 Kg and a remarkable $726.24 in value.
Ans1. Yes, Philippines Imports Palm oil.
Ans2. Philippines has Imported Palm oil for 62 years.
Explores the evolving trends in Philippines's palm-oil imports, offering a detailed analysis of annual changes in the sector.
Explore the Volume and Price trend of Philippines Import of Palm oil over the last 62 Years.
| Year | Kg | US$ Abbr. | US$ |
|---|---|---|---|
| 1961 | 4,106,000.00 | 939.00 thousand | 939,000.00 |
| 1962 | 5,184,000.00 | 989.00 thousand | 989,000.00 |
| 1963 | 4,987,000.00 | 962.00 thousand | 962,000.00 |
| 1964 | 6,541,000.00 | 1.36 million | 1,359,000.00 |
| 1965 | 5,555,000.00 | 1.35 million | 1,352,000.00 |
| 1966 | 5,739,000.00 | 1.24 million | 1,244,000.00 |
| 1967 | 6,302,000.00 | 1.32 million | 1,322,000.00 |
| 1968 | 8,128,000.00 | 1.27 million | 1,269,000.00 |
| 1969 | 8,210,000.00 | 1.43 million | 1,425,000.00 |
| 1970 | 5,200,000.00 | 1.28 million | 1,282,000.00 |
| 1971 | 6,624,000.00 | 1.71 million | 1,705,000.00 |
| 1972 | 2,948,000.00 | 610.00 thousand | 610,000.00 |
| 1973 | 3,025,000.00 | 816.00 thousand | 816,000.00 |
| 1974 | 3,816,000.00 | 2.37 million | 2,367,000.00 |
| 1975 | 743,000.00 | 390.00 thousand | 390,000.00 |
| 1976 | 1,094,000.00 | 434.00 thousand | 434,000.00 |
| 1977 | 2,610,000.00 | 1.44 million | 1,442,000.00 |
| 1978 | 1,550,000.00 | 855.00 thousand | 855,000.00 |
| 1979 | 4,466,000.00 | 2.95 million | 2,947,000.00 |
| 1980 | 3,257,000.00 | 2.29 million | 2,286,000.00 |
| 1981 | 5,629,000.00 | 3.31 million | 3,313,000.00 |
| 1982 | 11,187,000.00 | 4.20 million | 4,202,000.00 |
| 1983 | 21,452,000.00 | 11.77 million | 11,773,000.00 |
| 1984 | 28,367,000.00 | 21.12 million | 21,123,000.00 |
| 1985 | 2,668,000.00 | 1.60 million | 1,601,000.00 |
| 1986 | 2,989,000.00 | 1.15 million | 1,147,000.00 |
| 1987 | 2,307,000.00 | 915.00 thousand | 915,000.00 |
| 1988 | 3,781,000.00 | 1.56 million | 1,562,000.00 |
| 1989 | 8,087,000.00 | 3.00 million | 2,995,000.00 |
| 1990 | 4,807,000.00 | 1.79 million | 1,789,000.00 |
| 1991 | 404,000.00 | 198.00 thousand | 198,000.00 |
| 1992 | 27,211,000.00 | 11.27 million | 11,271,000.00 |
| 1993 | 2,840,000.00 | 1.19 million | 1,192,000.00 |
| 1994 | 16,338,000.00 | 8.61 million | 8,614,000.00 |
| 1995 | 3,230,000.00 | 3.16 million | 3,164,000.00 |
| 1996 | 24,312,000.00 | 15.45 million | 15,452,000.00 |
| 1997 | 17,133,000.00 | 9.71 million | 9,710,000.00 |
| 1998 | 15,016,000.00 | 10.07 million | 10,072,000.00 |
| 1999 | 61,809,000.00 | 31.88 million | 31,875,000.00 |
| 2000 | 64,198,910.00 | 26.59 million | 26,590,000.00 |
| 2001 | 32,987,000.00 | 10.23 million | 10,225,000.00 |
| 2002 | 42,861,000.00 | 15.73 million | 15,731,000.00 |
| 2003 | 35,292,000.00 | 17.06 million | 17,062,000.00 |
| 2004 | 98,115,000.00 | 52.74 million | 52,739,000.00 |
| 2005 | 208,039,000.00 | 90.83 million | 90,827,000.00 |
| 2006 | 206,994,000.00 | 87.63 million | 87,632,000.00 |
| 2007 | 34,669,000.00 | 21.61 million | 21,606,000.00 |
| 2008 | 7,696,000.00 | 10.56 million | 10,556,000.00 |
| 2009 | 9,340,000.00 | 10.21 million | 10,208,000.00 |
| 2010 | 10,049,000.00 | 10.91 million | 10,908,000.00 |
| 2011 | 41,198,000.00 | 50.98 million | 50,983,000.00 |
| 2012 | 29,502,000.00 | 34.30 million | 34,302,000.00 |
| 2013 | 24,485,000.00 | 24.04 million | 24,041,000.00 |
| 2014 | 55,456,990.00 | 53.31 million | 53,313,000.00 |
| 2015 | 106,362,830.00 | 88.90 million | 88,895,000.00 |
| 2016 | 38,288,030.00 | 30.69 million | 30,691,000.00 |
| 2017 | 269,712,340.00 | 191.20 million | 191,196,000.00 |
| 2018 | 275,041,280.00 | 186.22 million | 186,218,000.00 |
| 2019 | 107,280,580.00 | 68.43 million | 68,431,000.00 |
| 2020 | 69,286,000.00 | 54.90 million | 54,904,000.00 |
| 2021 | 544,124,430.00 | 597.73 million | 597,730,000.00 |
| 2022 | 1,014,359,990.00 | 1.32 billion | 1,323,967,000.00 |
| 2023 | - | - | - |