Egypt Palm Oil Market — Imports, Refining & Distribution 2026
Egypt palm oil market overview — Egypt is the second-largest palm oil importer in Africa with 1.2+ million MT/year of crude and refined imports. Key refiners, port logistics, HS codes, and procurement guidance for international buyers and traders.
Egypt Palm Oil Market — 2026 Industry Overview
Egypt is the second-largest palm oil importer in Africa after South Africa, bringing in approximately 1.2–1.4 million MT/year of crude palm oil (CPO) and refined, bleached, deodorized (RBD) palm oil products. The country is structurally dependent on imports — Egypt has no domestic oil palm cultivation (climate unsuitable), and palm oil is now the single largest edible-oil import by volume, ahead of soybean oil and sunflower oil.
Import sources
HS codes
Egypt has built 6 major edible-oil refineries capable of processing palm oil, mostly in industrial zones near the Suez Canal and Alexandria:
Combined refining capacity exceeds 2 million MT/year, with refineries running at 65–80% utilization depending on margin spreads.
CPO arrives mostly as bulk liquid in stainless-steel parcel tankers at:
After discharge, oil moves by insulated road tanker to refineries (Indonesia + Malaysia bulk shipments heat the cargo to 50–55°C during voyage to keep it liquid; tank trucks maintain temperature in-country).
Refined product distribution is drums (190 kg), 20 L jerry cans, 5 L PET bottles, 1 L retail PET, and bulk to industrial users (bakeries, biscuit makers, snack manufacturers).
Egypt's palm oil pricing tracks MDEX (Malaysia Derivatives Exchange) FCPO + freight + duty + EGP/USD FX risk premium. Importers typically hedge via FCPO futures or paper swaps with their Singapore-based palm oil trading counterparties.
End-2025 / Q1 2026 reference levels (CIF Egyptian port, USD/MT):
- CPO: ~$1,050–1,150
- RBD palm olein: ~$1,100–1,200
- Palm stearin: ~$950–1,050
These levels are well above the 5-year average (~$850/MT) due to El Niño impact on Indonesian/Malaysian production and persistent biofuel mandate pull-through (Indonesia B40).
Imports require:
Egypt Globe Group runs the Pelot Trading & Logistics arm covering edible-oil trade — connecting Indonesian and Malaysian palm oil exporters with Egyptian refiners, providing freight + insurance + L/C structuring + storage tank coordination + ECRO Egyptian customs clearance.
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FOB / CIF / CFR pricing from 7 Egyptian ports — turnaround within 24 hours.
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