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  • Will edible oil consumption increase in Bangladesh?
  • The growing economy, increasing per capita income, and evolving lifestyle indicate that edible oil consumption will significantly increase in the coming years in Bangladesh, and palm oil imports are also expected to grow multi-fold to meet the perpetually increasing demand in the country.
  • Which country imports the most palm oil in 2021?
  • In 2021, the import of palm oil was nearly double the import of soybean oil. The main sources were Indonesia and Malaysia Palm oil and are currently the highest consumed edible oil in Bangladesh. At the same time, the country is one of the largest importers of palm oil globally.
  • Does Bangladesh eat palm oil?
  • While presenting an overview of the country's edible oil consumption trends and requirements, Tariq Ahmed said, "Despite the global pandemic, palm oil possesses the majority chunk of the edible oil market in Bangladesh. Palm oil is extensively used for cooking purposes across Bangladesh and consumers are aware of its health benefits.
  • Can palm oil be used in Indonesia and Malaysia?
  • Palm oil is extensively used for cooking purposes across Bangladesh and consumers are aware of its health benefits. Even though there have been some challenges faced by palm oil during the pandemic times, however, the producing nations in Indonesia and Malaysia must look at harnessing the potential of the market."
  • How can the palm oil industry contribute to global sustainability?
  • Dr Sachnaz Desta Oktarina said, "Enhancing palm oil production can be done through smallholders replanting programmes. It supports palm oil as the net removal of CO2 and contributes to attaining the Net Zero Emissions globally. This is another significant commitment of the palm oil industry to global sustainability.