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

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Palm Kernel Market Size in Italy

The Italian palm kernel market shrank significantly to $X in 2019, which is down by -X% against the previous year. Over the period under review, consumption showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2011 to 2019, the growth of the market remained at a lower figure.

Palm Kernel Production in Italy

In value terms, palm kernel production skyrocketed to $X in 2019 estimated in export prices. In general, production posted a notable expansion. The pace of growth was the most pronounced in 2010 when the production volume increased by X% against the previous year. Palm kernel production peaked at $X in 2016; however, from 2017 to 2019, production remained at a lower figure.

In 2019, the average yield of palm kernels in Italy was estimated at X kg per ha, stabilizing at 2018 figures. Over the period under review, 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 Italy stood at X ha in 2019, therefore, remained relatively stable against 2018 figures. Over the period under review, the harvested area saw a relatively flat trend pattern.

Palm Kernel Exports

Exports from Italy

Palm kernel exports from Italy amounted to X tonnes in 2019, surging by X% compared with 2018. Overall, exports enjoyed pronounced growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2013 to 2019, the growth exports remained at a lower figure.

In value terms, palm kernel exports expanded rapidly to $X in 2019. In general, total exports indicated a modest expansion 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 2016 indices. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

New Zealand (X tonnes) was the main destination for palm kernel exports from Italy, accounting for a X% share of total exports. Moreover, palm kernel exports to New Zealand exceeded the volume sent to the second major destination, Thailand (X tonnes), threefold. The third position in this ranking was occupied by Belgium (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to New Zealand totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+X% per year) and Belgium (+X% per year).

In value terms, New Zealand ($X) remains the key foreign market for palm kernel exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2019, the average annual growth rate of value to New Zealand amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (+X% per year) and Belgium (+X% per year).

Export Prices by Country

In 2019, the average palm kernel export price amounted to $X per tonne, standing approx. at the previous year. In general, the export price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2009; however, from 2010 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Thailand ($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 Bosnia and Herzegovina, while the prices for the other major destinations experienced a decline.

Palm Kernel Imports

Imports into Italy

In 2019, supplies from abroad of palm kernels increased by X% to X tonnes, rising for the fifth consecutive year after two years of decline. Over the period under review, imports saw tangible growth. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. 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 dropped to $X in 2019. Overall, imports recorded a perceptible decline. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Austria (X tonnes) constituted the largest supplier of palm kernel to Italy, accounting for a X% share of total imports. Moreover, palm kernel imports from Austria exceeded the figures recorded by the second-largest supplier, Denmark (X tonnes), more than tenfold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Austria stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Germany (+X% per year).

In value terms, the largest palm kernel suppliers to Italy were Austria ($X), the Netherlands ($X) and Denmark ($X), together comprising X% of total imports.

Austria saw the highest growth rate of the value of imports, among the main suppliers 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, declining by -X% against the previous year. In general, the import price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2013 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Israel, 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 accounting for 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 Italy?
+
In value terms, the largest palm kernel suppliers to Italy were Austria ($2.4M), the Netherlands ($2.3M) and Denmark ($1.2M), with a combined 65% share of total imports.
What are the leading importers of palm kernels from Italy?
+
In value terms, New Zealand ($1.5M) remains the key foreign market for palm kernel exports from Italy, comprising 15% of total exports. The second position in the ranking was occupied by Viet Nam ($729K), with a 7.3% share of total exports. It was followed by Belgium, with a 5.1% share.
What is the average export price for palm kernels in Italy?
+
In 2019, the average palm kernel export price amounted to $6,678 per tonne, almost unchanged from the previous year.
What is the average import price for palm kernels in Italy?
+
The average palm kernel import price stood at $4,969 per tonne in 2019, with a decrease of -10.1% against the previous year.

Product coverage:
• FCL 256 - Palm kernels

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Italy
• 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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