Netherlands - Palm Kernel And Babassu Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Netherlands - Palm Kernel And Babassu Oil - Market Analysis, Forecast, Size, Trends and Insights

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Palm Kernel Oil Price in the Netherlands - 2023

Contents:

  1. Palm Kernel Oil Price in the Netherlands (CIF) - 2023
  2. Palm Kernel Oil Price in the Netherlands (FOB) - 2023
  3. Palm Kernel Oil Imports in the Netherlands
  4. Palm Kernel Oil Exports in the Netherlands

Palm Kernel Oil Price in the Netherlands (CIF) - 2023

In August 2023, the average palm kernel oil import price amounted to $1,314 per ton, almost unchanged from the previous month. Overall, the import price saw a noticeable shrinkage. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 7.8% against the previous month. Over the period under review, average import prices hit record highs at $1,897 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,634 per ton), while the price for Honduras ($1,024 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.2%), while the prices for the other major suppliers experienced a decline.

Palm Kernel Oil Price in the Netherlands (FOB) - 2023

The average palm kernel oil export price stood at $2,029 per ton in August 2023, declining by -14.1% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 24% against the previous month. Over the period under review, the average export prices hit record highs at $2,362 per ton in July 2023, and then shrank in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($3,502 per ton), while the average price for exports to Russia ($1,200 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Palm Kernel Oil Imports in the Netherlands

For the third consecutive year, the Netherlands recorded decline in supplies from abroad of palm kernel and babassu oil, which decreased by -15.1% to 192K tons in 2022. In general, imports showed a deep contraction. The smallest decline of -0.2% was in 2020.

In value terms, palm kernel oil imports soared to $374M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 59%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Palm Kernel Oil in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia56.070.611711426.7%
Papua New Guinea44.046.864.076.620.3%
Colombia17.812.723.256.446.9%
Guatemala13.011.217.848.855.4%
Honduras13.614.344.521.516.5%
Costa Rica2.40.83.420.2103.4%
Indonesia26.422.921.618.0-12.0%
Others16.016.519.018.44.8%
Total18919631137425.5%

Top Suppliers of Palm Kernel Oil to the Netherlands in 2022:

  1. Malaysia (53.9K tons)
  2. Papua New Guinea (46.4K tons)
  3. Colombia (27.0K tons)
  4. Guatemala (24.2K tons)
  5. Honduras (12.5K tons)
  6. Costa Rica (10.0K tons)
  7. Indonesia (8.4K tons)

Palm Kernel Oil Exports in the Netherlands

In 2022, overseas shipments of palm kernel and babassu oil decreased by -50.8% to 27K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 90% against the previous year. As a result, the exports attained the peak of 72K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, palm kernel oil exports declined remarkably to $57M in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 104% against the previous year.

Export of Palm Kernel Oil in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.153.953.331.124.5%
Belgium3.36.18.917.574.4%
Italy2.72.72.92.5-2.5%
Spain1.1N/A0.11.613.3%
Austria0.40.81.11.035.7%
FranceN/A1.41.40.9-19.8%
Poland5.310.91.50.7-49.1%
Hungary0.1N/AN/A0.791.3%
United Kingdom2.1N/A1.9N/A-4.9%
Sweden5.8N/A9.9N/A30.6%
Others1.82.67.11.6-3.9%
Total38.678.588.157.414.1%

Top Export Markets for Palm Kernel Oil from the Netherlands in 2022:

  1. Sweden (undefinedK tons)
  2. United Kingdom (undefinedK tons)
  3. Germany (14.9K tons)
  4. Belgium (7.6K tons)
  5. Italy (1.3K tons)
  6. Spain (1.0K tons)
  7. Hungary (0.5K tons)
  8. France (0.4K tons)
  9. Austria (0.4K tons)
  10. Poland (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the palm kernel oil market in the Netherlands. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 258 - Oil of Palm Kernel

Country coverage:

  • Netherlands

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Netherlands
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Palm Kernel And Babassu Oil - Netherlands