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

Crude Palm Oil Market Size in the EU

The EU crude palm oil market expanded remarkably to $X in 2020, surging by X% against the previous year. The total consumption indicated strong growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Crude Palm Oil Production in the EU

In value terms, crude palm oil production dropped sharply to $X in 2020 estimated in export prices. In general, production recorded a deep downturn. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2010 to 2020, production growth remained at a lower figure.

Production By Country in the EU

Bulgaria (X tonnes) remains the largest crude palm oil producing country in the European Union, accounting for X% of total volume. Moreover, crude palm oil production in Bulgaria exceeded the figures recorded by the second-largest producer, Lithuania (X tonnes), fourfold.

In Bulgaria, crude palm oil production remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: Lithuania (-X% per year) and Croatia (-X% per year).

Crude Palm Oil Exports

Exports in the EU

In 2020, shipments abroad of crude palm oil increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Overall, exports saw prominent growth. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, crude palm oil exports surged to $X in 2020. In general, exports showed prominent growth. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. The level of export peaked at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

The Netherlands prevails in crude palm oil exports structure, amounting to X tonnes, which was near X% of total exports in 2020. It was distantly followed by Spain (X tonnes), mixing up a X% share of total exports. Portugal (X tonnes) followed a long way behind the leaders.

Exports from the Netherlands increased at an average annual rate of +X% from 2007 to 2020. At the same time, Portugal (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2020. The Netherlands (+X p.p.) and Portugal (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest crude palm oil supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Spain ($X), with a X% share of total exports.

In the Netherlands, crude palm oil exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (+X% per year) and Portugal (+X% per year).

Export Prices by Country

In 2020, the crude palm oil export price in the European Union amounted to $X per tonne, growing by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Spain ($X per tonne), while the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced mixed trends in the export price figures.

Crude Palm Oil Imports

Imports in the EU

In 2020, supplies from abroad of crude palm oil increased by X% to X tonnes, rising for the second consecutive year after three years of decline. Total imports indicated a buoyant increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2013; afterwards, it flattened through to 2020.

In value terms, crude palm oil imports surged to $X in 2020. Total imports indicated a resilient increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

The Netherlands represented the largest importing country with an import of around X tonnes, which accounted for X% of total imports. Spain (X tonnes) ranks second in terms of the total imports with a X% share, followed by Italy (X%) and Germany (X%). France (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Spain, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest crude palm oil importing markets in the European Union were the Netherlands ($X), Spain ($X) and Italy ($X), with a combined X% share of total imports.

Spain recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The crude palm oil import price in the European Union stood at $X per tonne in 2020, jumping by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Spain ($X per tonne) and Italy ($X per tonne), while France ($X per tonne) and Germany ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude palm oil in the the EU?
+
The countries with the highest volumes of crude palm oil consumption in 2020 were the Netherlands (2.1M tonnes), Spain (1.5M tonnes) and Italy (859K tonnes), with a combined 84% share of total consumption.
What are the largest producers of crude palm oil in the the EU?
+
Bulgaria (86 tonnes) constituted the country with the largest volume of crude palm oil production, comprising approx. 77% of total volume. Moreover, crude palm oil production in Bulgaria exceeded the figures recorded by the second-largest producer, Lithuania (23 tonnes), fourfold.
What are the leading suppliers of crude palm oil in the the EU?
+
In value terms, the Netherlands ($201M) remains the largest crude palm oil supplier in the European Union, comprising 88% of total exports. The second position in the ranking was occupied by Spain ($13M), with a 5.9% share of total exports.
What are the leading importers of crude palm oil in the the EU?
+
In value terms, the Netherlands ($1.6B), Spain ($1.1B) and Italy ($587M) appeared to be the countries with the highest levels of imports in 2020, together comprising 85% of total imports.
What is the average export price for crude palm oil in the the EU?
+
In 2020, the crude palm oil export price in the European Union amounted to $773 per tonne, surging by 7.8% against the previous year.
What is the average import price for crude palm oil in the the EU?
+
The crude palm oil import price in the European Union stood at $690 per tonne in 2020, jumping by 19% 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 the EU. 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.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• 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
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

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

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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