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

Palm Kernel Market Size in Ireland

In 2020, the Irish palm kernel market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs in 2020 and is likely to continue growth in the immediate term.

Palm Kernel Exports

Exports from Ireland

In 2020, the amount of palm kernels exported from Ireland shrank markedly to X tonnes, declining by -X% compared with the previous year. Over the period under review, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, palm kernel exports shrank dramatically to $X in 2020. Overall, exports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The UK (X tonnes), the Netherlands (X kg) and Denmark (X kg) were the main destinations of palm kernel exports from Ireland, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands, while exports for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X) remains the key foreign market for palm kernel exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Denmark (-X% per year).

Export Prices by Country

In 2020, the average palm kernel export price amounted to $X per tonne, surging by X% against the previous year. In general, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% against the previous year. The export price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Denmark ($X per tonne), while the average price for exports to the UK ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced mixed trend patterns.

Palm Kernel Imports

Imports into Ireland

Palm kernel imports into Ireland surged to X tonnes in 2020, picking up by X% against the previous year. In general, imports, however, continue to indicate a slight shrinkage. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, palm kernel imports surged to $X in 2020. Overall, imports, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the UK (X tonnes) was the main palm kernel supplier to Ireland, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the UK was relatively modest.

In value terms, the UK ($X) constituted the largest supplier of palm kernel to Ireland.

From 2007 to 2020, the average annual growth rate of value from the UK stood at -X%.

Import Prices by Country

The average palm kernel import price stood at $X per tonne in 2020, reducing by -X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for palm kernels in the world?
+
Indonesia (12M tonnes) constituted the country with the largest volume of palm kernel consumption, accounting for 58% of total volume. Moreover, palm kernel consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia (5M tonnes), twofold. The third position in this ranking was occupied by Thailand (744K tonnes), with a 3.6% share.
What are the largest producers of palm kernels in the world?
+
The country with the largest volume of palm kernel production was Indonesia (12M tonnes), comprising approx. 58% of total volume. Moreover, palm kernel production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (5M tonnes), twofold. The third position in this ranking was occupied by Thailand (745K tonnes), with a 3.6% share.
What are the leading suppliers of palm kernels to Ireland?
+
In value terms, the UK ($1.3M) constituted the largest supplier of palm kernel to Ireland.
What are the leading importers of palm kernels from Ireland?
+
In value terms, the Netherlands ($15K) remains the key foreign market for palm kernel exports from Ireland, comprising 56% of total exports. The second position in the ranking was occupied by the UK ($5.7K), with a 22% share of total exports. It was followed by Denmark, with a 20% share.
What is the average export price for palm kernels in Ireland?
+
In 2020, the average palm kernel export price amounted to $10,100 per tonne, growing by 45% against the previous year.
What is the average import price for palm kernels in Ireland?
+
The average palm kernel import price stood at $4,574 per tonne in 2020, which is down by -18.7% against the previous year.

Product coverage:
• FCL 256 - Palm kernels

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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  This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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 2007–2020
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

This Chapter is Available Only for the Professional Edition PRO
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:
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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