India - Palm Kernel And Babassu Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPalm Kernel Oil Price in India - 2023
Contents:
- Palm Kernel Oil Price in India (CIF) - 2023
- Palm Kernel Oil Price in India (FOB) - 2022
- Palm Kernel Oil Imports in India
- Palm Kernel Oil Exports in India
Palm Kernel Oil Price in India (CIF) - 2023
The average palm kernel oil import price stood at $968 per ton in September 2023, approximately equating the previous month. Overall, the import price showed a pronounced shrinkage. The growth pace was the most rapid in June 2023 an increase of 9.3% month-to-month. The import price peaked at $1,328 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Sierra Leone ($1,000 per ton), while the price for Malaysia totaled $967 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-2.5%), while the prices for the other major suppliers experienced a decline.
Palm Kernel Oil Price in India (FOB) - 2022
The average palm kernel oil export price stood at $2,603 per ton in 2022, falling by -35.6% against the previous year. In general, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 162% against the previous year. The export price peaked at $5,596 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($3,943 per ton), while the average price for exports to Nepal ($1,529 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Palm Kernel Oil Imports in India
Palm kernel oil imports into India contracted remarkably to 85K tons in 2022, falling by -35.9% against 2021. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 6.9% against the previous year.
In value terms, palm kernel oil imports dropped notably to $138M in 2022. In general, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 84%. As a result, imports reached the peak of $188M, and then reduced notably in the following year.
| Import of Palm Kernel Oil in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 55.8 | 39.3 | 136 | 121 | 29.4% |
| Papua New Guinea | N/A | N/A | 9.3 | 7.1 | -23.7% |
| Indonesia | 47.5 | 61.1 | 23.1 | 3.6 | -57.7% |
| Liberia | N/A | 0.7 | 2.1 | 3.0 | 107.0% |
| Others | 0.8 | 1.2 | 17.7 | 3.5 | 63.6% |
| Total | 104 | 102 | 188 | 138 | 9.9% |
Top Suppliers of Palm Kernel Oil to India in 2022:
- Malaysia (74.8K tons)
- Papua New Guinea (4.4K tons)
- Indonesia (2.4K tons)
- Liberia (1.3K tons)
Palm Kernel Oil Exports in India
After two years of decline, overseas shipments of palm kernel and babassu oil increased by 23% to 56 tons in 2022. In general, exports, however, showed a sharp descent.
In value terms, palm kernel oil exports reduced dramatically to $146K in 2022. Overall, exports, however, continue to indicate a significant curtailment.
| Export of Palm Kernel Oil in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 35.8 | 55.4 | 38.5 | 41.7 | 5.2% |
| Nepal | 0.8 | 66.7 | 15.3 | 32.2 | 242.7% |
| Bangladesh | 20.1 | 14.1 | N/A | 21.2 | 1.8% |
| Australia | 3.3 | 18.6 | 8.3 | 11.6 | 52.0% |
| United Arab Emirates | N/A | 31.9 | 2.0 | 5.6 | -58.1% |
| Hong Kong SAR | 0.9 | 7.0 | 4.7 | 3.1 | 51.0% |
| Japan | 0.1 | 1.2 | N/A | 3.0 | 210.7% |
| South Korea | 260 | 0.1 | N/A | N/A | -100.0% |
| Iran | 128 | N/A | N/A | N/A | 0% |
| Others | 52.4 | 102 | 115 | 27.2 | -19.6% |
| Total | 502 | 297 | 184 | 146 | -33.7% |
Top Export Markets for Palm Kernel Oil from India in 2022:
- Nepal (21.0 tons)
- Singapore (15.2 tons)
- Bangladesh (6.6 tons)
- Australia (2.9 tons)
- United Arab Emirates (1.5 tons)
- Hong Kong SAR (1.1 tons)
- Japan (0.9 tons)
This report provides an in-depth analysis of the palm kernel oil market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
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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
514
This report provides an in-depth analysis of the palm kernel oil market in India.
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This report provides an in-depth analysis of the refined coconut oil market in India.
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This report provides an in-depth analysis of the global palm kernel oil market.
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This report provides an in-depth analysis of the global crude coconut oil market.
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This report provides an in-depth analysis of the global coconut oil market.
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This report provides an in-depth analysis of the global refined coconut oil market.
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243
In July 2023, the price of Palm Kernel Oil was $987 per ton (CIF, India), showing a decrease of 12.2% compared to the previous month.
1300
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.
3038
Global palm kernel oil consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
2951
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.
1400
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
2025
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
5749
Global coconut oil consumption amounted to X thousand tons in 2015, approximately equating the previous year level.
5656
Global coconut oil exports amounted to X thousand tons in 2015, flattening at the previous year level.
5623
Global coconut oil imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
5842
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.
