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Econometric study on Malaysia׳s palm oil position in the world market to 2035

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  • Gan, Peck Yean
  • Li, Zhi Dong

Abstract

Malaysia is currently the world׳s second largest producer of palm oil. With its large and growing palm oil industry, combined with a strong global demand for palm oil, Malaysia has the potential to play a major role in the world food and biofuel markets. As a result of environmental concerns and reservations concerning the net effect of deforestation in some countries such as Indonesia, a restricted expansion of palm oil plantation area has been analyzed. This paper aims to perform a quantitative analysis on (1) the domestic supply and demand outlook for Malaysia׳s palm oil, including biodiesel demand and (2) its ability to supply the global markets by 2035, in the context of restricted plantation area.

Suggested Citation

  • Gan, Peck Yean & Li, Zhi Dong, 2014. "Econometric study on Malaysia׳s palm oil position in the world market to 2035," Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 740-747.
  • Handle: RePEc:eee:rensus:v:39:y:2014:i:c:p:740-747
    DOI: 10.1016/j.rser.2014.07.059
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    2. Abdul-Manan, Amir F.N. & Baharuddin, Azizan & Chang, Lee Wei, 2014. "A detailed survey of the palm and biodiesel industry landscape in Malaysia," Energy, Elsevier, vol. 76(C), pages 931-941.
    3. Jun Sheng Teh & Yew Heng Teoh & Heoy Geok How & Thanh Danh Le & Yeoh Jun Jie Jason & Huu Tho Nguyen & Dong Lin Loo, 2021. "The Potential of Sustainable Biomass Producer Gas as a Waste-to-Energy Alternative in Malaysia," Sustainability, MDPI, vol. 13(7), pages 1-31, April.
    4. Ismail, Normaz Wana & Kamal, Sarah Nursyazmin Mohamad & Firdaus, Muhamad & Hariri, Norazwa Mohamed, 2022. "Export Demand of Palm Oil in Malaysia: Analysis Using ARDL Approach," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 12(03), January.
    5. Jamilah Jamilah & Hafni Zahara & Emmia Tambarta Kembaren & Setia Budi & Nurmala Nurmala, 2022. "Market Share Analysis and Export Performance of Indonesian Crude Palm Oil in the EU Market," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 218-225, March.
    6. Kerstens, S.M. & Priyanka, A. & van Dijk, K.C. & De Ruijter, F.J. & Leusbrock, I. & Zeeman, G., 2016. "Potential demand for recoverable resources from Indonesian wastewater and solid waste," Resources, Conservation & Recycling, Elsevier, vol. 110(C), pages 16-29.
    7. Shehu, Basiru Gwandu & Clarke, Michèle L., 2020. "Successful and sustainable crop based biodiesel programme in Nigeria through ecological optimisation and intersectoral policy realignment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).

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