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Algeria - Palm Kernel And Babassu Oil - Market Analysis, Forecast, Size, Trends and Insights
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Algeria: Palm Kernel Oil Market Overview 2021

Palm Kernel Oil Market Size in Algeria

In 2020, the Algerian palm kernel oil market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption showed a abrupt slump. The pace of growth was the most pronounced in 2012 when the market value increased by X% year-to-year. Palm kernel oil consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Palm Kernel Oil Exports

Exports from Algeria

In 2020, after twelve years of decline, there was significant growth in shipments abroad of palm kernel and babassu oil, when their volume increased by X% to X tonnes. Over the period under review, exports, however, showed a sharp decrease. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, palm kernel oil exports dropped markedly to $X in 2020. In general, exports, however, recorded a significant decline. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Niger (X tonnes) was the main destination for palm kernel oil exports from Algeria, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Niger totaled -X%.

In value terms, Niger ($X) also remains the key foreign market for palm kernel oil exports from Algeria.

From 2007 to 2020, the average annual growth rate of value to Niger totaled -X%.

Export Prices by Country

The average palm kernel oil export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne, and then contracted significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2007 to 2020, the rate of growth in terms of prices for Niger amounted to -X% per year.

Palm Kernel Oil Imports

Imports into Algeria

In 2020, the amount of palm kernel and babassu oil imported into Algeria fell sharply to X tonnes, with a decrease of -X% on the previous year's figure. Overall, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, palm kernel oil imports reduced rapidly to $X in 2020. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Indonesia (X tonnes) constituted the largest palm kernel oil supplier to Algeria, with a X% share of total imports. Moreover, palm kernel oil imports from Indonesia exceeded the figures recorded by the second-largest supplier, Malaysia (X tonnes), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Indonesia stood at -X%.

In value terms, Indonesia ($X) constituted the largest supplier of palm kernel oil to Algeria, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Indonesia stood at -X%.

Import Prices by Country

The average palm kernel oil import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2018 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Indonesia ($X per tonne), while the price for Malaysia totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for palm kernel and babassu oil in the world?
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The countries with the highest volumes of palm kernel oil consumption in 2020 were Indonesia (3.4M tonnes), Malaysia (1.8M tonnes) and China (842K tonnes), together comprising 66% of global consumption.
What are the largest producers of palm kernel and babassu oil in the world?
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The country with the largest volume of palm kernel oil production was Indonesia (5.1M tonnes), accounting for 58% of total volume. Moreover, palm kernel oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (2.4M tonnes), twofold. The third position in this ranking was occupied by Thailand (300K tonnes), with a 3.4% share.
What are the leading suppliers of palm kernel and babassu oil to Algeria?
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In value terms, Indonesia ($804K) constituted the largest supplier of palm kernel oil to Algeria, comprising 76% of total imports. The second position in the ranking was occupied by Malaysia ($253K), with a 24% share of total imports.
What are the leading importers of palm kernel and babassu oil from Algeria?
+
In value terms, Niger ($2.9K) remains the key foreign market for palm kernel oil exports from Algeria.
What is the average export price for palm kernel and babassu oil in Algeria?
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In 2020, the average palm kernel oil export price amounted to $1,041 per tonne, with a decrease of -77.5% against the previous year.
What is the average import price for palm kernel and babassu oil in Algeria?
+
The average palm kernel oil import price stood at $1,999 per tonne in 2020, shrinking by -2.3% against the previous year.

Product coverage:
• FCL 258 - Oil of Palm Kernel

This report provides an in-depth analysis of the palm kernel oil market in Algeria. 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 2025.


Country coverage:
• Algeria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Algeria
• 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020