Czech Republic: Palm Fruit Oil Market Overview 2020

Palm Fruit Oil Market Size in the Czech Republic

The revenue of the palm fruit oil market in the Czech Republic amounted to $X in 2017, shrinking by -X% against the previous year. In general, the total market indicated a measured expansion from 2007 to 2017: its value 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 consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2012, with an increase of X% y-o-y. In that year, the palm fruit oil market reached their peak level of $X. From 2013 to 2017, growth of the palm fruit oil market stood at a somewhat lower level.

Palm Fruit Oil Production in the Czech Republic

In 2017, production of palm fruit oil in the Czech Republic amounted to X kg, remaining relatively unchanged against the previous year. Overall, palm fruit oil production continues to indicate a relatively flat trend pattern.

Palm Fruit Oil Exports in the Czech Republic

Palm fruit oil exports from the Czech Republic amounted to X tonnes in 2017, growing by X% against the previous year. In general, palm fruit oil exports continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2013, when it surged by X% y-o-y. The Czech Republic exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, palm fruit oil exports amounted to $X in 2017. In general, palm fruit oil exports continue to indicate a remarkable growth. The Czech Republic exports peaked in 2017, and are expected to retain its growth in the immediate term.

Palm Fruit Oil Exports by Country in the Czech Republic

Indonesia represented the main exporting country with an export of about X tonnes, which amounted to X% of total exports. It was distantly followed by Malaysia (X tonnes), comprising 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. While the share of Malaysia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Indonesia (-X%) displayed negative dynamics. 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), together comprising X% of total exports. Papua New Guinea, Guatemala and the Czech Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries , Guatemala (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Export Prices by Country in the Czech Republic

In 2017, the palm fruit oil export price in the Czech Republic amounted to $X per tonne, declining by -X% against the previous year. In general, palm fruit oil export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when the export prices increased by X% y-o-y. The Czech Republic export price peaked 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 in the Czech Republic

In 2017, the amount of palm fruit oil imported into the Czech Republic stood at X tonnes, coming down by -X% against the previous year. Overall, palm fruit oil imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, with an increase of X% year-to-year. In that year, the palm fruit oil imports reached their peak volume of X tonnes, and then declined slightly in the following year.

In value terms, palm fruit oil imports stood at $X in 2017. In general, palm fruit oil imports continue to indicate a mild growth. In that year, the palm fruit oil imports reached their peak level of $X. From 2012 to 2017, growth of the palm fruit oil imports stood at a somewhat lower level.

Palm Fruit Oil Imports by Country in the Czech Republic

In 2017, India (X tonnes), distantly followed by China (X tonnes), Pakistan (X tonnes) and the Netherlands (X tonnes) were the major importers of palm fruit oil, together achieving 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. The Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar, Ghana and the Czech Republic lagged somewhat behind, together comprising 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 the Czech Republic

In 2017, the palm fruit oil import price in the Czech Republic amounted to $X per tonne, growing by X% against the previous year. Overall, palm fruit oil import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. In that year, the import prices for palm fruit oil reached their peak level of $X per tonne. From 2012 to 2017, growth of the import prices for palm fruit oil 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 AI Platform