The global competitiveness of palm oil
Publicación:
Revista Palmas; Vol. 31 Núm. especial, (2010); 35-43
0121-2923
Revista Palmas; Vol. 31 Núm. especial, (2010); 35-43
0121-2923
Abstract
Palm oil has for a long time been the vegetable oil with the lowest worldwide average production costs. Recently, changes in input prices, notably higher costs of fertilizers and rising wages, have raised palm oil costs of production. Meanwhile, the leading competitor to palm oil, namely soybean oil, has enjoyed three special advantages: its nitrogen-fixing properties; its low labor intensity of production and increasing mechanization; and the large income earned from the sale of high protein meal. The presentation will review how the balance of production costs per ton of vegetable oil has changed in recent years between the leading vegetable oils and will consider how the changing technologies of production, notably the trends in yields per hectare and in labor intensity, are likely to affect the cost competitiveness of palm oil vs. other oils, including rapeseed and sunflower oils, as well as soybean oil, looking into the future. El aceite de palma ha sido por un largo período el aceite vegetal con el promedio mundial más bajo en costos de producción. Recientemente, los cambios en los precios de entrada, los notablemente altos precios de los fertilizantes y los salarios crecientes, han incrementado los costos de producción del aceite de palma. Mientras tanto, el mayor competidor del aceite de palma, es decir, el aceite de soya, ha disfrutado de tres ventajas especiales: sus propiedades de fijación de nitrógeno, su baja intensidad de trabajo de producción y su creciente mecanización, y los altos ingresos que generan las ventas de alimentos ricos en proteínas. Esta presentación revisará cómo el balance en los costos de producción por tonelada de aceite vegetal ha cambiado en los años recientes entre los aceites vegetales, y tendrá en cuenta cómo las cambiantes tecnologías en la producción, notablemente en las tendencias en cosechas por hectárea y en la intensidad del trabajo, tienden, si se mira al futuro, a afectar la competitividad del costo del aceite de palma versus otros aceites, incluyendo aceites de girasol y colza, así como el aceite de soya.
Palm oil has for a long time been the vegetable oil with the lowest worldwide average production costs. Recently, changes in input prices, notably higher costs of fertilizers and rising wages, have raised palm oil costs of production. Meanwhile, the leading competitor to palm oil, namely soybean oil, has enjoyed three special advantages: its nitrogen-fixing properties; its low labor intensity of production and increasing mechanization; and the large income earned from the sale of high protein meal. The presentation will review how the balance of production costs per ton of vegetable oil has changed in recent years between the leading vegetable oils and will consider how the changing technologies of production, notably the trends in yields per hectare and in labor intensity, are likely to affect the cost competitiveness of palm oil vs. other oils, including rapeseed and sunflower oils, as well as soybean oil, looking into the future.
Palabras clave:
aceite de palma
aceites vegetales
competitividad
precios
oferta y demanda
costos
tendencias
comercialización
aceite de palma
aceites vegetales
competitividad
precios
oferta y demanda
costos
tendencias
comercialización