Latest Report Update: Mar 30, 2021

Belgium - Palm Kernel And Babassu Oil - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Belgium: Palm Kernel Oil Market Overview 2021

Webinar: Global Sugar Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global sugar market.

Tuesday, April 13th, 2021 @ 10:00 am ET

Register Now

Palm Kernel Oil Market Size in Belgium

In 2019, the Belgian palm kernel oil market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Palm Kernel Oil Exports

Exports from Belgium

In 2019, palm kernel oil exports from Belgium shrank to X tonnes, declining by -X% compared with 2018. In general, exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2009; however, from 2010 to 2019, exports remained at a lower figure.

In value terms, palm kernel oil exports fell dramatically to $X in 2019. Overall, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2018, and then dropped markedly in the following year.

Exports by Country

France (X tonnes), Poland (X tonnes) and the UK (X tonnes) were the main destinations of palm kernel oil exports from Belgium, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in the UK (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for palm kernel oil exported from Belgium were France ($X), Poland ($X) and the UK ($X), together comprising X% of total exports. Romania, Italy, the Netherlands and Germany lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average palm kernel oil export price stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced more modest paces of growth.

Palm Kernel Oil Imports

Imports into Belgium

In 2019, after four years of growth, there was significant decline in purchases abroad of palm kernel and babassu oil, when their volume decreased by -X% to X tonnes. Over the period under review, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, palm kernel oil imports fell remarkably to $X in 2019. Overall, imports saw a moderate increase. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

Indonesia (X tonnes), the Netherlands (X tonnes) and Papua New Guinea (X tonnes) were the main suppliers of palm kernel oil imports to Belgium, with a combined X% share of total imports. These countries were followed by the UK, Malaysia and Spain, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest palm kernel oil suppliers to Belgium were Indonesia ($X), the Netherlands ($X) and the UK ($X), together comprising X% of total imports. Papua New Guinea, Malaysia and Spain lagged somewhat behind, together accounting for a further X the main suppliers, Spain (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average palm kernel oil import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, import price indicated a notable increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, palm kernel oil import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the UK ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for palm kernel and babassu oil in the world?
+
The countries with the highest volumes of palm kernel oil consumption in 2019 were Indonesia (2.8M tonnes), Malaysia (1.9M tonnes) and China (802K tonnes), together accounting for 66% of global consumption.
What are the largest producers of palm kernel and babassu oil in the world?
+
Indonesia (4.7M tonnes) remains the largest palm kernel oil producing country worldwide, comprising approx. 56% of total volume. Moreover, palm kernel oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (2.3M tonnes), twofold. The third position in this ranking was occupied by Thailand (276K tonnes), with a 3.3% share.
What are the leading suppliers of palm kernel and babassu oil to Belgium?
+
In value terms, Indonesia ($16M), the Netherlands ($9.4M) and the UK ($5.3M) appeared to be the largest palm kernel oil suppliers to Belgium, with a combined 75% share of total imports. These countries were followed by Papua New Guinea, Malaysia and Spain, which together accounted for a further 24%.
What are the leading importers of palm kernel and babassu oil from Belgium?
+
In value terms, the largest markets for palm kernel oil exported from Belgium were France ($1.2M), Poland ($633K) and the UK ($571K), together comprising 59% of total exports. These countries were followed by Romania, Italy, the Netherlands and Germany, which together accounted for a further 40%.
What is the average export price for palm kernel and babassu oil in Belgium?
+
The average palm kernel oil export price stood at $1,409 per tonne in 2019, waning by -3.5% against the previous year.
What is the average import price for palm kernel and babassu oil in Belgium?
+
In 2019, the average palm kernel oil import price amounted to $1,276 per tonne, reducing by -15.9% 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 Belgium. 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:
• Belgium

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Sugar Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global sugar market.



Tuesday, April 13th, 2021 @ 10:00 am ET


Register

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global palm oil market.



Thursday, May 6th, 2021 @ 10:00 am ET


Register

Webinar: Global Metal Tank Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global metal tank market.



Thursday, April 15th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data