Oil palm economic performance in Malaysia and RD progress in 2021


Citation

Kanga Rani Selvaduray, . and Hoong Seng Soi, . and Zainab Idris, . and Rahmahwati Rasuddin, . and Ong Abdullah Meilina, . and Nur Nadia Kamil, . and Ghulam Kadir Ahmad Parveez, . and Norliyana Zin Zawawi, . and Loh Soh Kheang, . Oil palm economic performance in Malaysia and RD progress in 2021. pp. 185-217. ISSN 2811-4701

Abstract

The palm oil industry fared better in 2021 compared to 2020 despite lower crude palm oil (CPO) production due to labour shortage and a restricted supply of CPO during the COVID-19 pandemic. As the industry recovers research and development (RD) activities remain dedicated towards ensuring the industry is sustainable and competitive. In the upstream sector efforts continue to be focused in increasing the CPO yield per hectare through precision agriculture advanced genomic technologies and improved breeding programmes control of pest and diseases as well as farm mechanisation. In the midstream sector there were some improvements in mill productivity that reduce the environmental impact of the milling operations. Intensification of RD related to palm-based biomass has the potential to contribute to higher income for the industry. In the downstream sector food safety and the nutrition-rich value of palm oil offer the best quality for this versatile and productive oil crop to the world. Additionally non-food products such as biofuels biopolymers and bio-lubricants are also gaining research traction due to global movement towards a circular economy and sustainability.


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Abstract

The palm oil industry fared better in 2021 compared to 2020 despite lower crude palm oil (CPO) production due to labour shortage and a restricted supply of CPO during the COVID-19 pandemic. As the industry recovers research and development (RD) activities remain dedicated towards ensuring the industry is sustainable and competitive. In the upstream sector efforts continue to be focused in increasing the CPO yield per hectare through precision agriculture advanced genomic technologies and improved breeding programmes control of pest and diseases as well as farm mechanisation. In the midstream sector there were some improvements in mill productivity that reduce the environmental impact of the milling operations. Intensification of RD related to palm-based biomass has the potential to contribute to higher income for the industry. In the downstream sector food safety and the nutrition-rich value of palm oil offer the best quality for this versatile and productive oil crop to the world. Additionally non-food products such as biofuels biopolymers and bio-lubricants are also gaining research traction due to global movement towards a circular economy and sustainability.

Additional Metadata

[error in script]
Item Type: Article
AGROVOC Term: Oil palm
AGROVOC Term: Palm oils
AGROVOC Term: Research and development
AGROVOC Term: Economic development
AGROVOC Term: precision agriculture
AGROVOC Term: Mechanization
AGROVOC Term: Food products
AGROVOC Term: Nutritional value
AGROVOC Term: Bioenergy
AGROVOC Term: Biomass
Depositing User: Mr. AFANDI ABDUL MALEK
Last Modified: 24 Apr 2025 00:55
URI: http://webagris.upm.edu.my/id/eprint/10668

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