Palm Kernel Market

Palm kernel market: get newly released statistics secured by an Ai-driven business intelligence platform. Information cover production, exports, companies, market prices, trade, imports, consumption, and market size. There is a breakdown by country, including Africa, Latin America, EU, China, the U.S., the U.K., Russia, and the Middle East. Market dynamics and outlook to 2030 are also featured in the dashboards.

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Palm Kernel - World's Largest Markets

In value terms, the largest palm kernel markets worldwide were Indonesia, Colombia and Malaysia, together accounting for 56% of the global market. These countries were followed by Thailand and Nigeria, which together accounted for a further 12%.

In terms of the main consuming countries, Thailand recorded the highest growth rate of market size, over the period under review, while palm kernel market for the other global leaders experienced more modest paces of growth.

Palm Kernel Prices

Palm Kernel - Top Importers

In value terms, the United States ($38M), the Netherlands ($34M) and China ($30M) were the countries with the highest levels of imports in 2020, with a combined 23% share of global imports. Egypt, Germany, Spain, Lebanon, Austria, Taiwan (Chinese), Saudi Arabia, Bangladesh, Portugal and Iraq lagged somewhat behind, together comprising a further 23%.

Among the main importing countries, Austria (+124.0% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Palm Kernel - Top Exporters

In value terms, the largest palm kernel supplying countries worldwide were China ($69M), the Netherlands ($44M) and the United States ($35M), with a combined 32% share of global exports. These countries were followed by Germany, Spain, India, Portugal, Italy, Honduras, New Zealand, Austria, Egypt and Sweden, which together accounted for a further 22%.

In terms of the main exporting countries, Honduras (+400.6% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Palm Kernel - Market Forecast

Driven by increasing demand for palm kernel worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Palm Kernel - Top Companies

Yuquan Gardens Construction (Qingyuan) Co., Ltd., NUSEED PROPRIETARY LIMITED, Sanya Jinhuayuan Agriculture Co., Ltd., Huizhou Qianhui Germchit Co., Ltd., Anhui Jingrong Garden Co., Ltd., Guiyang Qianshan Modern Agriculture Development Co.,Ltd., Suzhou Qinghua Nursery Co., Ltd., Costa Farms, LLC, Dongfang Tengfei Gardening Biotechnology Co.,Ltd., Yanling County Gutian Horticulture Co.,Ltd., Queshan County Jinglv Green Landscaping Co.,Ltd., Fuzhou Qishan Flower Co., Ltd., Monrovia Nursery Company, Lingchuan County Rongsheng Taxus Technology Development Co., Ltd., Yanling Chenshuo Plants Co., Ltd., Ruyang Tongxin Seedling Flowers Co., Ltd., NATIONAL TOBACCO ENTERPRISE (ETH) S.C, Yanling County Hualong Garden Plant Co.,Ltd., Qingyuan Fuxiangyuan Agro-ecological Breeding Co.,Ltd., JEET BIRI MANUFACTURING COMPANY PRIVATE LIMITED

Palm Kernel - Product Coverage

• HS 120999 - Seeds; n.e.c. in heading 1209, of a kind used for sowing

Source: IndexBox Market Intelligence Platform