Canada: Palm Fruit Oil Market Overview 2020

Palm Fruit Oil Market Size in Canada

The revenue of the palm fruit oil market in Canada amounted to $X in 2017, jumping by X% against the previous year. Overall, palm fruit oil consumption continues to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2017, when market value increased by X% against the previous year. In that year, the palm fruit oil market attained their peak level, and is likely to continue its growth in the immediate term.

Palm Fruit Oil Production in Canada

In 2017, palm fruit oil production in Canada amounted to X kg, remaining constant against the previous year. In general, palm fruit oil production continues to indicate a relatively flat trend pattern.

Palm Fruit Oil Exports from Canada

In 2017, the amount of palm fruit oil exported from Canada stood at X tonnes, going up by X% against the previous year. Overall, palm fruit oil exports continue to indicate a remarkable growth. The pace of growth was the most pronounced in 2013, when exports increased by X% y-o-y. Canada exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, palm fruit oil exports amounted to $X in 2017. Overall, palm fruit oil exports continue to indicate a remarkable expansion. Canada exports peaked in 2017, and are likely to see steady growth in the immediate term.

Palm Fruit Oil Exports by Country from Canada

Indonesia represented the major exporter of palm fruit oil in the world, with the volume of exports finishing at X tonnes, which was approx. X% of total exports in 2017. It was distantly followed by Malaysia (X tonnes), generating X% share of total exports. The Netherlands (X tonnes), Papua New Guinea (X tonnes) and Guatemala (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to palm fruit oil exports from Indonesia stood at +X%. At the same time, Guatemala (+X%) and Papua New Guinea (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The Netherlands experienced a relatively flat trend pattern. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Malaysia increased by X% percentage points, while Indonesia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest palm fruit oil markets worldwide were Indonesia ($X), Malaysia ($X) and the Netherlands ($X), with a combined X% share of total exports. These countries were followed by Papua New Guinea, Guatemala and Canada, which together accounted for a further X%.

Guatemala (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Export Prices by Country in Canada

In 2017, the palm fruit oil export price in Canada amounted to $X per tonne, going up by X% against the previous year. In general, the export price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the palm fruit oil export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2017, when the export prices increased by X% against the previous year. Over the period under review, the export prices for palm fruit oil reached its maximum level of $X per tonne in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Malaysia ($X per tonne) and the Netherlands ($X per tonne), while Guatemala ($X per tonne) and Papua New Guinea ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Imports into Canada

In 2017, the amount of palm fruit oil imported into Canada stood at X tonnes, picking up by X% against the previous year. Overall, palm fruit oil imports continue to indicate a strong growth. The pace of growth was the most pronounced in 2009, with an increase of X% year-to-year. Canada imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, palm fruit oil imports totaled $X in 2017. In general, palm fruit oil imports continue to indicate a strong growth. Over the period under review, the palm fruit oil imports attained its peak figure level in 2017, and are likely to see steady growth in the immediate term.

Palm Fruit Oil Imports by Country into Canada

In 2017, India (X tonnes), distantly followed by China (X tonnes), Pakistan (X tonnes) and the Netherlands (X tonnes) represented the main importers of palm fruit oil, together committing X% of total imports. The following importers - Spain (X tonnes), Italy (X tonnes), Ghana (X tonnes), the U.S. (X tonnes), Bangladesh (X tonnes), Germany (X tonnes), Russia (X tonnes) and Myanmar (X tonnes) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ghana (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest palm fruit oil markets worldwide were India ($X), China ($X) and Pakistan ($X), with a combined X% share of total imports. These countries were followed by the Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar, Ghana and Canada, which together accounted for a further X%.

Among the main importing countries , Ghana (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Import Prices by Country in Canada

In 2017, the palm fruit oil import price in Canada amounted to $X per tonne, picking up by X% against the previous year. In general, palm fruit oil import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Canada import price peaked of $X per tonne in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per tonne), while Ghana ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform