Ireland - Refined Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRefined Palm Oil Price in Ireland - 2023
Contents:
- Refined Palm Oil Price in Ireland (CIF) - 2023
- Refined Palm Oil Price in Ireland (FOB) - 2022
- Refined Palm Oil Imports in Ireland
- Refined Palm Oil Exports in Ireland
Refined Palm Oil Price in Ireland (CIF) - 2023
The average refined palm oil import price stood at $1,571 per ton in August 2023, falling by -5.8% against the previous month. In general, the import price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in February 2023 when the average import price increased by 12% month-to-month. The import price peaked at $2,058 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Malaysia ($1,729 per ton), while the price for the Netherlands ($1,495 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 Malaysia (-2.2%), while the prices for the other major suppliers experienced a decline.
Refined Palm Oil Price in Ireland (FOB) - 2022
In 2022, the average refined palm oil export price amounted to $1,358 per ton, remaining relatively unchanged against the previous year. In general, the export price recorded modest growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 109%. As a result, the export price attained the peak level of $2,389 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +7.3% per year.
Refined Palm Oil Imports in Ireland
In 2022, overseas purchases of refined palm oil decreased by 0% to 73K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 5.8% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, refined palm oil imports amounted to $130M in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Refined Palm Oil in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 39.4 | 46.4 | N/A | 90.3 | 31.8% |
| Malaysia | 4.5 | 5.6 | N/A | 35.4 | 98.9% |
| United Kingdom | 2.1 | 3.4 | N/A | 3.9 | 22.9% |
| Others | 0.3 | 0.8 | N/A | 0.4 | 10.1% |
| Total | 46.3 | 56.2 | N/A | 130 | 41.1% |
Top Suppliers of Refined Palm Oil to Ireland in 2022:
- Netherlands (52.3K tons)
- Malaysia (18.1K tons)
- United Kingdom (2.0K tons)
Refined Palm Oil Exports in Ireland
In 2022, exports of refined palm oil from Ireland amounted to 13 tons, approximately reflecting the year before. Overall, exports faced a sharp slump. The smallest decline of -44.3% was in 2020.
In value terms, refined palm oil exports amounted to $18K in 2022. In general, exports faced a sharp descent. The smallest decline of -8.8% was in 2020.
| Export of Refined Palm Oil in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 72.8 | 66.4 | N/A | 18.0 | -37.2% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 72.8 | 66.4 | N/A | 18.1 | -37.1% |
Top Export Markets for Refined Palm Oil from Ireland in 2022:
- United Kingdom (13.3 tons)
This report provides an in-depth analysis of the refined palm oil market in Ireland. 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:
- Prodcom 10415700 - Refined palm oil and its fractions (excluding chemically modified)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
455
This report provides an in-depth analysis of the refined palm oil market in Ireland.
377
This report provides an in-depth analysis of the palm oil market in Ireland.
358
This report provides an in-depth analysis of the palm fruit oil market in Ireland.
794
This report provides an in-depth analysis of the crude palm oil market in Ireland.
455
This report provides an in-depth analysis of the transmission shaft market in Ireland.
607
This report provides an in-depth analysis of the linseed oil market in Ireland.
382
This report provides an in-depth analysis of the surgical glove market in Ireland.
421
This report provides an in-depth analysis of the market for caustic soda in the solid form in Ireland.
341
This report provides an in-depth analysis of the market for reaction initiators and accelerators in Ireland.
390
This report provides an in-depth analysis of the hard plastic comb market in Ireland.
348
Learn about the top five import markets for palm oil and their respective import values in 2022. India ranks as the largest importer, followed by China, Pakistan, the United States, and the Netherlands. These countries exhibit significant demand for palm oil due to various factors such as population size, dietary preferences, and industrial applications. Understanding the dynamics of these import markets is crucial for palm oil producers, traders, and other stakeholders in the industry. Get comprehensive insights into the global palm oil market with IndexBox's recent market report.
975
While Indonesia, planning to expand production, fights for the EU's recognition of palm oil as a biofuel, Malaysia is faced with an acute shortage of labor due to the outflow of guest workers after the pandemic.
1922
In 2015, the countries with the highest levels of palm fruit oil production were Indonesia (X thousand tons), Malaysia (X thousand tons), Thailand (X thousand tons), together accounting for X% of total output.
212
Explore the top import markets for crude palm oil and the key statistics in the global industry. Learn about the leading countries, import values, and trends.
935
The global palm oil market revenue amounted to $48B in 2017, surging by 10% against the previous year. This figure reflect...
6036
The global palm oil market increased from X tons in 2007 to X tons in 2016, expanding with an annual average growth rate of +X% per year over that period.
6758
Global palm oil consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
1252
Global palm oil exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
4032
Global palm oil imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1282
The global production of palm oil was estimated at X million tons in 2013, which was X million tons more than in 2012.
