Germany - Palm Kernel And Babassu Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPalm Kernel Oil Price in Germany - 2023
Contents:
- Palm Kernel Oil Price in Germany (CIF) - 2023
- Palm Kernel Oil Price in Germany (FOB) - 2023
- Palm Kernel Oil Imports in Germany
- Palm Kernel Oil Exports in Germany
Palm Kernel Oil Price in Germany (CIF) - 2023
In August 2023, the average palm kernel oil import price amounted to $1,306 per ton, waning by -2.8% against the previous month. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 3.6% against the previous month. Over the period under review, average import prices hit record highs at $2,013 per ton in September 2022; however, from October 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($1,900 per ton), while the price for Malaysia ($1,087 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 the Netherlands (+3.1%), while the prices for the other major suppliers experienced a decline.
Palm Kernel Oil Price in Germany (FOB) - 2023
The average palm kernel oil export price stood at $1,570 per ton in August 2023, falling by -15% against the previous month. In general, the export price recorded a pronounced descent. The pace of growth was the most pronounced in April 2023 when the average export price increased by 15% month-to-month. The export price peaked at $2,165 per ton in November 2022; however, from December 2022 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Italy ($2,453 per ton), while the average price for exports to Ukraine ($850 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 Sweden (-1.0%), while the prices for the other major destinations experienced a decline.
Palm Kernel Oil Imports in Germany
After three years of growth, overseas purchases of palm kernel and babassu oil decreased by -22.7% to 280K tons in 2022. Overall, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2020 with an increase of 11%.
In value terms, palm kernel oil imports rose notably to $522M in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Palm Kernel Oil in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 91.0 | 137 | 273 | 200 | 30.0% |
| Indonesia | 104 | 111 | 123 | 181 | 20.3% |
| Netherlands | 26.5 | 30.7 | 42.4 | 55.7 | 28.1% |
| Singapore | 6.8 | 5.6 | 5.4 | 16.1 | 33.3% |
| Honduras | 9.4 | 7.1 | 13.8 | 13.1 | 11.7% |
| Nigeria | N/A | N/A | N/A | 12.6 | 0% |
| Cote d'Ivoire | N/A | 0.1 | N/A | 8.9 | 843.4% |
| Others | 8.2 | 9.6 | 23.7 | 33.5 | 59.9% |
| Total | 246 | 302 | 482 | 522 | 28.5% |
Top Suppliers of Palm Kernel Oil to Germany in 2022:
- Malaysia (108.8K tons)
- Indonesia (91.8K tons)
- Netherlands (34.4K tons)
- Singapore (9.0K tons)
- Honduras (7.8K tons)
- Nigeria (6.1K tons)
- Cote d'Ivoire (5.0K tons)
Palm Kernel Oil Exports in Germany
For the fourth year in a row, Germany recorded growth in shipments abroad of palm kernel and babassu oil, which increased by 19% to 29K tons in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, palm kernel oil exports skyrocketed to $59M in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 63% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Palm Kernel Oil in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 6.2 | 3.5 | 11.2 | 26.8 | 62.9% |
| Poland | 3.8 | 3.5 | 2.4 | 9.6 | 36.2% |
| Netherlands | 0.5 | 5.1 | 8.9 | 7.8 | 149.9% |
| Italy | 2.9 | 4.6 | 8.0 | 6.9 | 33.5% |
| Belgium | 0.8 | 1.8 | 6.3 | 2.9 | 53.6% |
| Switzerland | 1.5 | 1.2 | 0.9 | 1.3 | -4.7% |
| United Kingdom | 1.4 | 1.9 | 1.4 | 0.7 | -20.6% |
| Serbia | N/A | 0.3 | 0.1 | 0.6 | 41.4% |
| Russia | 1.0 | 0.4 | N/A | N/A | -60.0% |
| Others | 2.2 | 2.4 | 1.1 | 2.6 | 5.7% |
| Total | 20.4 | 24.7 | 40.4 | 59.3 | 42.7% |
Top Export Markets for Palm Kernel Oil from Germany in 2022:
- Russia (undefinedK tons)
- Sweden (13.6K tons)
- Poland (4.8K tons)
- Netherlands (4.0K tons)
- Italy (2.7K tons)
- Belgium (1.1K tons)
- Serbia (0.9K tons)
- United Kingdom (0.5K tons)
- Switzerland (0.5K tons)
This report provides an in-depth analysis of the palm kernel oil market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
435
This report provides an in-depth analysis of the palm kernel oil market in Germany.
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The price of Crude Coconut Oil decreased by 26.1% to $1,277 per ton (CIF, Germany) in June 2023 compared to the previous month.
1290
Prices for palm kernel oil spiked by 27% over the month, reaching $1,807 in October 2021. Compared to this year's January figures, the prices soared by +32%. In 2020, palm kernel exports dropped by -3.1% y-o-y in physical terms but grew by +8.9% y-o-y in value terms, reaching $2.5B. Indonesia remains the largest supplier, accounting for 56% of global exports of palm kernel oil. China, the U.S. and Germany constitute the most prominent importers of the product.
3018
Global palm kernel oil consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
2942
In 2015, the countries with the highest levels of palm kernel and babassu oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
1389
Indonesia continued its dominance in the global trade of palm kernel and babassu oil. In 2014, Indonesia exported X thousand tons of palm kernel and babassu oil totaling X million USD, X% over the previous year. Its primary trading partner w
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From 2007 to 2016, the value of the global coconut oil market showed an unstable dynamic trend. However, in 2016, the value of the global coconut oil market expanded to X billion USD. The main reason for this can be explained by the rise in the price
5735
Global coconut oil consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
5644
Global coconut oil exports amounted to X thousand tons in 2015, flattening at the previous year level.
5609
Global coconut oil imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
5830
In 2015, the countries with the highest levels of coconut oil production were the Philippines (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
