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Canada - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
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Canada: Crude Palm Oil Market Overview 2021

Crude Palm Oil Market Size in Canada

In 2020, after three years of growth, there was significant decline in the Canadian crude palm oil market, when its value decreased by -X% to $X. In general, consumption saw a pronounced contraction. The growth pace was the most rapid in 2009 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. from 2010 to 2020, the growth of the market remained at a somewhat lower figure.

Crude Palm Oil Exports

Exports from Canada

In 2020, overseas shipments of crude palm oil decreased by -X% to X tonnes, falling for the ninth year in a row after three years of growth. Overall, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. from 2012 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, crude palm oil exports declined to $X in 2020. Over the period under review, exports showed a abrupt setback. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2012 to 2020, the growth exports remained at a lower figure.

Exports by Country

Barbados (X tonnes) was the main destination for crude palm oil exports from Canada, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Barbados stood at +X%.

In value terms, Barbados ($X) also remains the key foreign market for crude palm oil exports from Canada.

From 2007 to 2020, the average annual rate of growth in terms of value to Barbados stood at +X%.

Export Prices by Country

In 2020, the average crude palm oil export price amounted to $X per tonne, surging by X% against the previous year. Overall, the export price enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

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

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

Crude Palm Oil Imports

Imports into Canada

For the fifth year in a row, Canada recorded decline in overseas purchases of crude palm oil, which decreased by -X% to X tonnes in 2020. Overall, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. from 2016 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, crude palm oil imports fell to $X in 2020. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2016 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Ghana (X tonnes) constituted the largest crude palm oil supplier to Canada, with a X% share of total imports. Moreover, crude palm oil imports from Ghana exceeded the figures recorded by the second-largest supplier, Nigeria (X tonnes), sixfold. Guinea (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Ghana amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Nigeria (+X% per year) and Guinea (+X% per year).

In value terms, Ghana ($X) constituted the largest supplier of crude palm oil to Canada, comprising X% of total imports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of total imports. It was followed by Guinea, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Ghana totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Nigeria (+X% per year) and Guinea (+X% per year).

Import Prices by Country

The average crude palm oil import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Ghana ($X per tonne) and Togo ($X per tonne), while the price for Nigeria ($X per tonne) and Ecuador ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nigeria, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude palm oil in the world?
+
The country with the largest volume of crude palm oil consumption was Indonesia (40M tonnes), accounting for 48% of total volume. Moreover, crude palm oil consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia (16M tonnes), twofold. India (7M tonnes) ranked third in terms of total consumption with a 8.4% share.
What are the largest producers of crude palm oil in the world?
+
Indonesia (47M tonnes) remains the largest crude palm oil producing country worldwide, accounting for 58% of total volume. Moreover, crude palm oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (20M tonnes), twofold. The third position in this ranking was occupied by Thailand (3.3M tonnes), with a 4.1% share.
What are the leading suppliers of crude palm oil to Canada?
+
In value terms, Ghana ($18K) constituted the largest supplier of crude palm oil to Canada, comprising 65% of total imports. The second position in the ranking was occupied by Nigeria ($2.7K), with a 10% share of total imports. It was followed by Guinea, with a 7.4% share.
What are the leading importers of crude palm oil from Canada?
+
In value terms, Barbados ($6.3K) remains the key foreign market for crude palm oil exports from Canada.
What is the average export price for crude palm oil in Canada?
+
In 2020, the average crude palm oil export price amounted to $894 per tonne, with an increase of 2% against the previous year.
What is the average import price for crude palm oil in Canada?
+
The average crude palm oil import price stood at $356 per tonne in 2020, waning by -4.1% against the previous year.

Product coverage:
• FCL 257 - Oil of palm

This report provides an in-depth analysis of the crude palm oil market in Canada. 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:
• Canada

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