World - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 18, 2024

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

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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.


Get FREE access to the latest REPORT on the Palm Kernel Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Palm Kernel - World's Largest Markets

RatingCountry
1Indonesia
2Colombia
3Malaysia
4Thailand
5Nigeria

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

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Portugal203124801718-8.0%
India304235872057-17.8%
Egypt1781193521529.9%
Spain1657396982823-58.7%
Sweden8305110803762-32.7%
Austria4163386046685.9%
Italy586062294704-10.4%
New Zealand39936159489210.7%
Germany645059156063-3.0%
Honduras928073317508-10.1%
China9029935096823.6%
United States129532133812034-3.6%
Netherlands423253486223468-25.5%
Average9843118058243-8.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Netherlands ($23,468 per ton), while Portugal ($1,718 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United States1650822839183525.4%
Netherlands143541885811475-10.6%
Germany4850465058159.5%
China627056615303-8.0%
Austria698478694356-21.0%
Taiwan (Chinese)424034284230-0.1%
Spain3182356034644.3%
Saudi Arabia693057863177-32.3%
Lebanon203919151690-9.0%
Portugal197918151528-12.1%
Bangladesh623119491321.1%
Iraq2223751672-45.0%
Egypt16581147635-38.1%
Average585457364514-12.2%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($18,352 per ton), while Egypt ($635 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Bangladesh, while the other global leaders experienced more modest paces of growth.

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Marín Orriols
Marín Orriols

Palm Kernel - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
United States22203831.7%
Netherlands514634-18.0%
China362530-8.2%
Egypt262022-8.3%
Germany16192113.4%

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

COUNTRY201820192020CAGR,
2018-2020
million USD
China52606915.3%
Netherlands4443440.1%
United States653135-26.6%
Germany14181919.8%
Spain107.31833.3%

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

This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing. 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:

    Country coverage:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • 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. CONSUMPTION BY COUNTRY
      3. 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. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY
    8. 8. GLOBAL IMPORTS

      The Largest Importers on The Market and How They Succeed

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

      The Largest Exporters on The Market and How They Succeed

      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. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • 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
    12. 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, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023
    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023
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