Oct 13, 2019

World - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Jul 19, 2018

Global Palm Kernel Market - Indonesia Remains the Key Producing Country

IndexBox has just published a new report "World: Palm Kernels - Market Report. Analysis And Forecast To 2025". Here is a summary of the report’s key findings.

Consumption of Palm Kernel Stood at 9.5 Million Tonnes in 2016

From 2007 to 2016, global palm kernel consumption displayed a mixed dynamic. As of the end of 2016, the global palm kernel market stood at 9,521 thousand tonnes or 1,067 million USD. 

Palm kernel is the edible seed of the oil palm fruit from which palm oil and palm kernel oil is made. Palm kernel oil is used primarily as biofuels and ingredients for the cosmetic and food industries. Palm kernel expeller, obtained as a result of grinding the hard part of the core, after the extraction of oil and flesh, is used as a feed for livestock. 

The performance of the market is forecasted to grow with an anticipated CAGR of +4.7% for the nine-year period from 2016 to 2025, which is expected to lead the market volume to 14.4 million tonnes by the end of 2025 (IndexBox estimates).

New Zealand, the Netherlands, Indonesia, Japan, and South Korea Were the Main Consuming Countries of Palm Kernel

New Zealand (1.5 million tonnes), the Netherlands (913 thousand tonnes), Indonesia (822 thousand tonnes), Japan (754 thousand tonnes) and South Korea (749 thousand tonnes) were the countries with the highest consumption, together accounting for almost 50% of global figures. 

In terms of the key consumer countries in 2016, New Zealand (331.6 kg per year), the Netherlands (54.0 kg/year) and South Korea (14.9 kg per year) registered the highest per capita consumption figure among main consumer countries and it was higher than the global average of 1.3 kg per year.

Production of Palm Kernel Grew by 50% over the Last Nine Years

Production of palm kernel was 8.7 million tonnes in 2016, with a positive dynamics over the last few years, except for slight decline in 2015. Overall, from 2007 to 2016, production of palm kernel increased by 50%. In value terms, production stood at 866 million USD, with a 6% growth from the previous year. It fluctuated wildly with a noticable growth from 2010 to 2014 and further abrupt decline in 2015. The volume of crude palm kernel was 15,689 thousand tonnes. 

Indonesia Remained the Key Producing Country for Palm Kernel

Indonesia was the key world palm kernel producing country with an output of about 4,600 thousand tonnes in 2016, which accounted for 53% of total global output. The other major producers were Malaysia (30%), distantly followed by Nigeria (5%) and Thailand (4%).

In Indonesia, production levels increased by +6.8% annually from 2007 to 2016, however, Thailand had the highest level of production growth (+10.2%); Malaysia and Nigeria grew with a CAGR of +1.6% and +1.0%, respectively.

Approx. 77% of Global Palm Kernel Was Sent to Export

Palm Kernel is a widely traded commodity, with the share of export in total global output stood about 77% in 2016. High trade intensity is determined mainly by the geographical differenciation between the main countries of palm kernel manufacturing and key consuming countries.

Indonesia and Malaysia Were the Main Exporters of Palm Kernel in the World

In 2016, global exports of palm kernel stood at 665 million USD, with a CAGR of +3.4%. In physical terms, global exports of palm kernel was 6.7 million tonnes in 2016. which was 586 thousand tonnes (-8%) less than the year before.

Indonesia (56%) and Malaysia (34%) were the main suppliers of palm kernel, making up 90% share of global exports. However, Indonesia became the fastest growing country of origin. From 2007 to 2016, an average annual growth rate of palm kernel exports from this country was +7.5%. Also the share of Indonesia increased significantly by +12 percentage points from 2007 to 2016, while the shares of Malaysia illustrated negative dynamics throughout the analyzed period.

New Zealand and the Netherlands Were the Main Importers of Palm Kernel

In value terms, total imports of palm kernel were 867 million USD, with an annual increase of +4.2% for the period from 2007 to 2016. The volume of palm kernel imports stood at 7.5 million tonnes in 2016; there was an annual increase of +6.9%.

In 2016, New Zealand (20%), and the Netherlands (19%) were the main importers of world palm kernel, together making up 39% of global imports. Among these countries New Zealand had the highest growth rates of imports, with an annual increase of +14.2%. Japan took the third position in the ranking with a share of 10% of total imports, Korea (10%), the U.K. (6%) and China (6%). 

New Zealand significantly strengthened its position in terms of the global imports from 11% in 2007 to 20% in 2016, while the Netherlands indicated negative dynamics throughout the analyzed period.

Do you want to know more about the global palm kernel market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • palm kernel market share
  • palm kernel prices
  • palm kernel production
  • palm kernel industry
  • palm kernel sales
  • palm kernel imports
  • palm kernel exports
  • palm kernel market forecast
  • palm kernel price forecast
  • key palm kernel producers

Source: IndexBox AI Platform

Product coverage:
• FCL 256 - Palm kernels

This report provides an in-depth analysis of the global palm kernel market. 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 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Harvested Area, By Country, 2007-2018
Table 7:
Yield, By Country, 2007-2018
Table 8:
Imports, In Physical Terms, By Country, 2007–2018
Table 9:
Imports, In Value Terms, By Country, 2007–2018
Table 10:
Import Prices, By Country Of Destination, 2007–2018
Table 11:
Exports, In Physical Terms, By Country, 2007–2018
Table 12:
Exports, In Value Terms, By Country, 2007–2018
Table 13:
Export Prices, By Country Of Origin, 2007–2018
Table 14:
Producer Prices, By Major Producing Country, 2018
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2018
Figure 18:
Production, In Value Terms, 2007–2018
Figure 19:
Area Harvested, 2007–2018
Figure 20:
Yield, 2007–2018
Figure 21:
Production, By Country, 2018
Figure 22:
Production, In Physical Terms, By Country, 2007–2018
Figure 23:
Harvested Area, By Country, 2018
Figure 24:
Harvested Area, By Country, 2007-2018
Figure 25:
Yield, By Country, 2007-2018
Figure 26:
Imports, In Physical Terms, 2007–2018
Figure 27:
Imports, In Value Terms, 2007–2018
Figure 28:
Imports, In Physical Terms, By Country, 2018
Figure 29:
Imports, In Physical Terms, By Country, 2007–2018
Figure 30:
Imports, In Value Terms, By Country, 2007–2018
Figure 31:
Import Prices, By Country, 2007–2018
Figure 32:
Exports, In Physical Terms, 2007–2018
Figure 33:
Exports, In Value Terms, 2007–2018
Figure 34:
Exports, In Physical Terms, By Country, 2018
Figure 35:
Exports, In Physical Terms, By Country, 2007–2018
Figure 36:
Exports, In Value Terms, By Country, 2007–2018
Figure 37:
Export Prices, 2007–2018
Ready to Get Started?

We can help you conduct market research and write a report using the most reliable data

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data