Report Update: Dec 1, 2023

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

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Palm Kernel Oil Market

Name: Palm Kernel Oil Market
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Palm kernel oil market, IndexBox, market research, global market, publisher

Palm kernel oil market: find newly released facts and figures enhanced by an Ai-driven BI platform. Info contain imports, production, companies, market size, market prices, consumption, exports, and trade. Here is a split by region, including China, Africa, the Middle East, the U.K., Latin America, EU, the U.S., and Russia. Market trends and outlook to 2030 are also featured in the dashboards.

Get FREE access to the latest data and statistics on the Palm Kernel Oil Market.

Palm Kernel Oil - World's Largest Markets

Rating	Country
1	Indonesia
2	Malaysia
3	China
4	United States
5	Germany

In value terms, Indonesia, Malaysia and China were the countries with the highest levels of market value in 2020, together accounting for 65% of the global market.

Indonesia recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while palm kernel oil market for the other global leaders experienced more modest paces of growth.

Palm Kernel Oil Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Thailand	961	675	667	-16.7%
Colombia	1053	735	769	-14.5%
Indonesia	960	655	782	-9.7%
Malaysia	1112	770	819	-14.2%
Papua New Guinea	1182	788	834	-16.0%
Average	1023	710	808	-11.1%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Papua New Guinea ($834 per ton) and Malaysia ($819 per ton), while Thailand ($667 per ton) and Colombia ($769 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Italy	1282	912	932	-14.7%
Russia	1248	894	920	-14.1%
Japan	1174	842	876	-13.6%
Spain	1185	860	861	-14.8%
Netherlands	1123	818	848	-13.1%
Germany	1176	764	846	-15.2%
Brazil	1083	744	843	-11.8%
Turkey	1255	818	830	-18.7%
United States	1144	866	828	-14.9%
India	1005	680	827	-9.3%
Malaysia	906	631	821	-4.8%
China	1018	696	674	-18.6%
Average	1082	774	821	-12.9%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Italy ($932 per ton) and Russia ($920 per ton), while China ($674 per ton) and Malaysia ($821 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other global leaders experienced a decline in the import price figures.

Palm Kernel Oil - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.8	0.6	0.6	-13.2%
United States	0.4	0.3	0.3	-11.2%
Germany	0.4	0.2	0.3	-16.4%
Malaysia	0.3	0.2	0.2	-9.1%
Netherlands	0.3	0.2	0.2	-13.4%

In value terms, the largest palm kernel oil importing markets worldwide were China ($570M), the United States ($319M) and Germany ($303M), together comprising 44% of global imports. Malaysia, the Netherlands, Brazil, India, Russia, Japan, Turkey, Italy and Spain lagged somewhat behind, together comprising a further 37%.

Russia saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Palm Kernel Oil - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Indonesia	1.7	1.3	1.3	-11.5%
Malaysia	0.8	0.6	0.7	-5.9%
Papua New Guinea	0.07	0.05	0.06	-12.5%
Colombia	0.09	0.07	0.05	-20.5%
Thailand	0.08	0.04	0.04	-24.3%

In value terms, the largest palm kernel oil supplying countries worldwide were Indonesia ($1.3B), Malaysia ($708M) and Papua New Guinea ($57M), together comprising 86% of global exports.

In terms of the main exporting countries, Malaysia recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Palm Kernel Oil - Market Forecast

Driven by rising demand for palm kernel oil worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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 Oil - Top Companies

UNI-PRESIDENT ENTERPRISES CORP., Cargill Agrícola S/A, ADM do Brasil Ltda, Louis Dreyfus Company Brasil S/A., VICENTIN S.A.I.C., Tibet Linzhi Medog County Baimagang Grain & Oil Processing Sales Co., Ltd., Cocamar - Cooperativa Agroindustrial, Bianchini S/A. Indústria, Comércio e Agricultura, Dongguan Fuzhiyuan Feedstuff Protein Development Co., Ltd., Jiu San Group Tianjin Soya Science And Technology Co., Ltd., THAI VEGETABLE OIL PUBLIC COMPANY LIMITED, Syngenta Seeds, LLC, Solae, LLC, TTET UNION CORPORATION, Bunge Sanwei Grease Co., Ltd., ABC Indústria e Comércio S/A - ABC Inco, GUJARAT AMBUJA EXPORTS LIMITED, Zhongfang Foodgrain & Cooking Oil (Dongguan) Co., Ltd., COOPERATIVA COLONIAS UNIDAS AGROPECUARIA INDUSTRIAL LIMITADA, Gushen Biological Technology Group Co., Ltd.

Palm Kernel Oil - Product Coverage

HS 151321 - Vegetable oils; palm kernel or babassu oil and their fractions, crude, not chemically modified
HS 151329 - Vegetable oils; palm kernel or babassu oil and their fractions, other than crude, whether or not refined, but not chemically modified

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global palm kernel oil 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 2030.

Product coverage:

• FCL 258 - Oil of Palm Kernel

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. 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. 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. 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. 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. 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. 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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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. COUNTRY PROFILES

The Largest Markets And Their Profiles

This Chapter is Available Only for the Professional Edition PRO
1. United States
2. China
3. Japan
4. Germany
5. United Kingdom
6. France
7. Brazil
8. Italy
9. Russian Federation
10. India
11. Canada
12. Australia
13. Republic of Korea
14. Spain
15. Mexico
16. Indonesia
17. Netherlands
18. Turkey
19. Saudi Arabia
20. Switzerland
21. Sweden
22. Nigeria
23. Poland
24. Belgium
25. Argentina
26. Norway
27. Austria
28. Thailand
29. United Arab Emirates
30. Colombia
31. Denmark
32. South Africa
33. Malaysia
34. Israel
35. Singapore
36. Egypt
37. Philippines
38. Finland
39. Chile
40. Ireland
41. Pakistan
42. Greece
43. Portugal
44. Kazakhstan
45. Algeria
46. Czech Republic
47. Qatar
48. Peru
49. Romania
50. Vietnam
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption, By Country, 2018–2022
5. Production, In Physical Terms, By Country, 2012–2022
6. Imports, In Physical Terms, By Country, 2012–2022
7. Imports, In Value Terms, By Country, 2012–2022
8. Import Prices, By Country Of Destination, 2012–2022
9. Exports, In Physical Terms, By Country, 2012–2022
10. Exports, In Value Terms, By Country, 2012–2022
11. Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Consumption, By Country, 2022
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, 2012–2022
18. Production, In Value Terms, 2012–2022
19. Production, By Country, 2022
20. Production, In Physical Terms, By Country, 2012–2022
21. Imports, In Physical Terms, 2012–2022
22. Imports, In Value Terms, 2012–2022
23. Imports, In Physical Terms, By Country, 2022
24. Imports, In Physical Terms, By Country, 2012–2022
25. Imports, In Value Terms, By Country, 2012–2022
26. Import Prices, By Country, 2012–2022
27. Exports, In Physical Terms, 2012–2022
28. Exports, In Value Terms, 2012–2022
29. Exports, In Physical Terms, By Country, 2022
30. Exports, In Physical Terms, By Country, 2012–2022
31. Exports, In Value Terms, By Country, 2012–2022
32. Export Prices, 2012–2022