India: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in India

The revenue of the palm fruit oil market in India amounted to $X in 2017, increasing by X% against the previous year. Overall, palm fruit oil consumption continues to indicate a strong expansion. The growth pace was the most rapid in 2014, when market value increased by X% year-to-year. India palm fruit oil consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Palm Fruit Oil Production in India

In 2017, palm fruit oil production in India totaled X kg, flattening at the previous year. In general, palm fruit oil production continues to indicate a relatively flat trend pattern.

Palm Fruit Oil Exports from India

In 2017, the amount of palm fruit oil exported from India totaled X tonnes, growing by X% against the previous year. Overall, palm fruit oil exports continue to indicate an abrupt decline. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the palm fruit oil exports attained its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, palm fruit oil exports stood at $X in 2017. Overall, palm fruit oil exports continue to indicate a relatively flat trend pattern. Over the period under review, the palm fruit oil exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Palm Fruit Oil Exports by Country from India

Indonesia represented the largest exporting country with an export of about X tonnes, which finished at X% of total exports. It was distantly followed by Malaysia (X tonnes), constituting X% share of total exports. The Netherlands (X tonnes), Papua New Guinea (X tonnes) and Guatemala (X tonnes) held the weak share of total exports.

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, Indonesia ($X), Malaysia ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports. Papua New Guinea, Guatemala and India 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 India

The palm fruit oil export price in India stood at $X per tonne in 2017, increasing by X% against the previous year. In general, the export price indicated a remarkable expansion 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 pace of growth appeared the most rapid in 2015, when it surged by X% y-o-y. Over the period under review, the export prices for palm fruit oil reached its maximum level in 2017, and is expected to retain its growth in the near future.

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 India

Palm fruit oil imports into India amounted to X tonnes in 2017, jumping by X% against the previous year. Overall, palm fruit oil imports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. India imports peaked of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, palm fruit oil imports totaled $X in 2017. In general, palm fruit oil imports continue to indicate a remarkable increase. India imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Palm Fruit Oil Imports by Country into India

In 2017, India (X tonnes), distantly followed by China (X tonnes), Pakistan (X tonnes) and the Netherlands (X tonnes) were the largest importers of palm fruit oil, together committing X% of total imports. 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) followed a long way behind the leaders.

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, India ($X), China ($X) and Pakistan ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. The Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar and Ghana lagged somewhat behind, together comprising a further X%.

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

Palm Fruit Oil Import Prices by Country in India

The palm fruit oil import price in India stood at $X per tonne in 2017, increasing by X% against the previous year. Overall, palm fruit oil import price continues to indicate a remarkable expansion. The growth pace was the most rapid in 2010, when the import prices increased by X% against the previous year. Over the period under review, the import prices for palm fruit oil reached its peak figure level 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 Ghana (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform