Kazakhstan: Palm Fruit Oil Market Overview 2020

Palm Fruit Oil Market Size in Kazakhstan

The revenue of the palm fruit oil market in Kazakhstan amounted to $X in 2017, rising by X% against the previous year. Overall, palm fruit oil consumption continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. Kazakhstan palm fruit oil consumption peaked in 2017, and is likely to see steady growth in the immediate term.

Palm Fruit Oil Production in Kazakhstan

Palm fruit oil production in Kazakhstan stood at X kg in 2017, stabilizing at the previous year. In general, palm fruit oil production continues to indicate a relatively flat trend pattern.

Palm Fruit Oil Exports from Kazakhstan

In 2017, exports of palm fruit oil from Kazakhstan stood at X tonnes, going up by X% against the previous year. Overall, palm fruit oil exports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2016, when exports increased by X% against the previous year. Kazakhstan exports peaked of X tonnes in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, palm fruit oil exports totaled $X in 2017. In general, palm fruit oil exports continue to indicate a skyrocketing expansion. Kazakhstan exports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Palm Fruit Oil Exports by Country from Kazakhstan

Indonesia represented the key exporter of palm fruit oil in the world, with the volume of exports amounting to X tonnes, which was approx. X% of total exports in 2017. It was distantly followed by Malaysia (X tonnes), comprising X% share of total exports. The Netherlands (X tonnes), Papua New Guinea (X tonnes) and Guatemala (X tonnes) held the slight 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. Malaysia (X%) significantly strengthened its position in terms of the global exports, while Indonesia saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X), Malaysia ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Papua New Guinea, Guatemala and Kazakhstan, which together accounted for a further X%.

Kazakhstan (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Export Prices by Country in Kazakhstan

In 2017, the palm fruit oil export price in Kazakhstan amounted to $X per tonne, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the export prices for palm fruit oil attained their peak level of $X per tonne. From 2015 to 2017, growth of the export prices for palm fruit oil failed to regain its momentum.

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 Kazakhstan

In 2017, imports of palm fruit oil into Kazakhstan totaled X tonnes, going up by X% against the previous year. Overall, palm fruit oil imports continue to indicate a remarkable growth. The growth pace was the most rapid in 2016, when it surged by X% year-to-year. Kazakhstan imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, palm fruit oil imports totaled $X in 2017. Overall, palm fruit oil imports continue to indicate a prominent increase. Kazakhstan imports peaked in 2017, and are expected to retain its growth in the near future.

Palm Fruit Oil Imports by Country into Kazakhstan

In 2017, India (X tonnes), distantly followed by China (X tonnes), Pakistan (X tonnes) and the Netherlands (X tonnes) were the key importers of palm fruit oil, together achieving X% of total imports. The following importers - 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) together made up X% of total imports.

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, together accounting for X% of total imports. These countries were followed by the Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar, Ghana and Kazakhstan, which together accounted for 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 Kazakhstan

In 2017, the palm fruit oil import price in Kazakhstan amounted to $X per tonne, jumping by X% against the previous year. Overall, palm fruit oil import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when the import prices increased by X% year-to-year. In that year, the import prices for palm fruit oil reached their peak level of $X per tonne. From 2012 to 2017, growth of the import prices for palm fruit oil 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 India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform