Oil Palm Age Profile & Replanting
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg. Age (Years) | 16.25 | 15.99 | 16.31 | 15.22 | 15.00 | 14.79 | 14.34 | 13.77 | 14.80 | 14.25 | 13.65 | 12.77 | 12.73 |
| Replanted Area (Ha) | 15,300 | 14,494 | 13,500 | 9,966 | 16,320 | 10,675 | 13,119 | 8,251 | 5,342 | 2,815 | 3,232 | 19,862 | 18,544 |
- During the listing in 2012, 53% of the total planted area had trees aged 21 years old and above (old trees).
- Over a period of 7 years, FGV has replanted 93,374 Ha of land, investing approximately RM 300 million a year. This has reduced hectarage with old trees by 32% to 116,396 ha.
- FGV's replanting regimen is on track to normalise the palm age profile by 2026, and commits to a disciplined replanting schedule of 4% - 5% per year.