Mexico: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in Mexico

The revenue of the palm fruit oil market in Mexico amounted to $X in 2017, picking up by X% against the previous year. Overall, palm fruit oil consumption continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2012, when market value increased by X% year-to-year. Mexico palm fruit oil consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Palm Fruit Oil Production in Mexico

In 2017, the amount of palm fruit oil produced in Mexico amounted to X tons, jumping by X% against the previous year. In general, the total output indicated a remarkable increase from 2007 to 2017: its volume 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 production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% against the previous year. Over the period under review, the palm fruit oil production attained its peak figure volume in 2017, and is likely to continue its growth in the near future.

Palm Fruit Oil Exports from Mexico

In 2017, approx. X tons of palm fruit oil were exported from Mexico; dropping by -X% against the previous year. In general, palm fruit oil exports continue to indicate a remarkable growth. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the palm fruit oil exports reached its peak figure volume of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, palm fruit oil exports amounted to $X in 2017. Overall, palm fruit oil exports continue to indicate a strong increase. Over the period under review, the palm fruit oil exports reached its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Palm Fruit Oil Exports by Country from Mexico

Indonesia was the major exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Malaysia (X tons), creating X% share of total exports. The following exporters - the Netherlands (X tons), Papua New Guinea (X tons) and Guatemala (X tons) together made up X% of total exports.

Exports from Indonesia increased at an average annual rate of +X% from 2007 to 2017. 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) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports. These countries were followed by Papua New Guinea, Guatemala and Mexico, which together accounted for a further X%.

Among the main exporting countries , Guatemala (+X% per year) recorded 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 Mexico

In 2017, the palm fruit oil export price in Mexico amounted to $X per ton, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2015, an increase of X% year-to-year. Over the period under review, the export prices for palm fruit oil attained its peak figure level in 2017, and is likely to continue 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 ($X per ton) and the Netherlands ($X per ton), while Guatemala ($X per ton) and Papua New Guinea ($X per ton) 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 Mexico

In 2017, approx. X tons of palm fruit oil were imported into Mexico; standing approx. at the previous year. In general, the total imports indicated a prominent increase from 2007 to 2017: its volume 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 imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when imports increased by X% year-to-year. Over the period under review, the palm fruit oil imports reached its maximum volume of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, palm fruit oil imports stood at $X in 2017. Overall, the total imports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the palm fruit oil imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Palm Fruit Oil Imports by Country into Mexico

In 2017, India (X tons), distantly followed by China (X tons), Pakistan (X tons) and the Netherlands (X tons) represented the key importers of palm fruit oil, together generating X% of total imports. The following importers - Spain (X tons), Italy (X tons), Ghana (X tons), the U.S. (X tons), Bangladesh (X tons), Germany (X tons), Russia (X tons) and Myanmar (X tons) 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, Mexico and Ghana, which together accounted for a further X%.

In terms of 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 Mexico

In 2017, the palm fruit oil import price in Mexico amounted to $X per ton, coming up by X% against the previous year. In general, palm fruit oil import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when the import prices increased by X% year-to-year. Mexico import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per ton), while Ghana ($X per ton) 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