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India - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights
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India: Palm Kernel Market Overview 2021

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Palm Kernel Market Size in India

The Indian palm kernel market skyrocketed to $X in 2019, growing by X% against the previous year. Overall, consumption recorded a slight increase. The pace of growth was the most pronounced in 2014 when the market value increased by X% y-o-y. Palm kernel consumption peaked in 2019 and is expected to retain growth in years to come.

Palm Kernel Production in India

In value terms, palm kernel production rose significantly to $X in 2019 estimated in export prices. Over the period under review, the total production indicated modest growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2018 to 2019, production growth remained at a somewhat lower figure.

In 2019, the average yield of palm kernels in India was estimated at X kg per ha, stabilizing at 2018 figures. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The palm kernel harvested area in India stood at X ha in 2019, almost unchanged from 2018 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Palm Kernel Exports

Exports from India

In 2019, exports of palm kernels from India shrank notably to X tonnes, dropping by -X% against the previous year. In general, exports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, palm kernel exports contracted remarkably to $X in 2019. Overall, total exports indicated a perceptible increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

Bangladesh (X tonnes) was the main destination for palm kernel exports from India, accounting for a X% share of total exports. Moreover, palm kernel exports to Bangladesh exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), threefold. The third position in this ranking was occupied by Malaysia (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Bangladesh stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Malaysia (+X% per year).

In value terms, the Netherlands ($X), Malaysia ($X) and the U.S. ($X) appeared to be the largest markets for palm kernel exported from India worldwide, with a combined X% share of total exports. These countries were followed by Bangladesh, Viet Nam, Taiwan (Chinese), Jordan, Saudi Arabia, Pakistan and Nepal, which together accounted for a further X Nam saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average palm kernel export price amounted to $X per tonne, picking up by X% against the previous year. In general, export price indicated a mild increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, palm kernel export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. The export price peaked in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese), while the prices for the other major destinations experienced mixed trend patterns.

Palm Kernel Imports

Imports into India

In 2019, imports of palm kernels into India skyrocketed to X tonnes, with an increase of X% against the previous year's figure. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in years to come.

In value terms, palm kernel imports surged to $X in 2019. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Imports peaked in 2019 and are likely to see gradual growth in the near future.

Imports by Country

Afghanistan (X tonnes), Thailand (X tonnes) and the United Arab Emirates (X tonnes) were the main suppliers of palm kernel imports to India, together comprising X% of total imports.

From 2007 to 2019, the biggest increases were in the United Arab Emirates (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest palm kernel suppliers to India were Taiwan (Chinese) ($X), Thailand ($X) and Italy ($X), with a combined X% share of total imports.

Among the main suppliers, Taiwan (Chinese) (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average palm kernel import price stood at $X per tonne in 2019, remaining stable against the previous year. Overall, the import price, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Taiwan (Chinese) ($X per tonne), while the price for the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for palm kernels in the world?
+
The countries with the highest volumes of palm kernel consumption in 2019 were India (8.1K tonnes), the U.S. (5.2K tonnes) and Spain (4.8K tonnes), together comprising 38% of global consumption. Viet Nam, Germany, Turkey, Egypt, the Netherlands, Saudi Arabia, Japan, South Korea, New Zealand and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 27%.
What are the largest producers of palm kernels in the world?
+
The countries with the highest volumes of palm kernel production in 2019 were India (10K tonnes), the U.S. (5.5K tonnes) and Thailand (4.8K tonnes), together comprising 52% of global production. These countries were followed by Austria, Egypt, New Zealand, Chile, Denmark, Peru, Myanmar, Indonesia, China and Afghanistan, which together accounted for a further 33%.
What are the leading suppliers of palm kernels to India?
+
In value terms, Taiwan (Chinese) ($8.1M), Thailand ($4.7M) and Italy ($186K) were the largest palm kernel suppliers to India, together accounting for 90% of total imports.
What are the leading importers of palm kernels from India?
+
In value terms, the largest markets for palm kernel exported from India were the Netherlands ($2.3M), Malaysia ($2M) and the U.S. ($1.4M), together comprising 42% of total exports. These countries were followed by Bangladesh, Viet Nam, Taiwan (Chinese), Jordan, Saudi Arabia, Pakistan and Nepal, which together accounted for a further 23%.
What is the average export price for palm kernels in India?
+
The average palm kernel export price stood at $4,654 per tonne in 2019, growing by 21% against the previous year.
What is the average import price for palm kernels in India?
+
The average palm kernel import price stood at $15,456 per tonne in 2019, therefore, remained relatively stable against the previous year.

Product coverage:
• FCL 256 - Palm kernels

This report provides an in-depth analysis of the palm kernel market in India. 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:
• India

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• 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
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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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