Report Update Apr 1, 2024

Sierra Leone - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights

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Sierra Leone: Palm Kernel Market 2020

Palm Kernel Market Size in Sierra Leone

The revenue of the palm kernel market in Sierra Leone amounted to $X in 2018, dropping by -X% against the previous year. Over the period under review, palm kernel consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. In that year, the palm kernel market reached its peak level of $X, and then declined slightly in the following year.

Palm Kernel Production in Sierra Leone

In value terms, palm kernel production totaled $X in 2018 estimated in export prices. Over the period under review, palm kernel production continues to indicate a strong increase. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. In that year, palm kernel production reached its peak level of $X, and then declined slightly in the following year.

Palm Kernel Exports

Exports by Country

The countries with the highest levels of palm kernel exports in 2018 were China (X tons), India (X tons), Thailand (X tons), Germany (X tons), the U.S. (X tons), Spain (X tons), the Netherlands (X tons), Denmark (X tons), Italy (X tons), Austria (X tons), New Zealand (X tons) and Myanmar (X tons), together amounting to X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Myanmar (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest palm kernel supplier from Sierra Leone, comprising X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In China, palm kernel exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: the U.S. (-X% per year) and the Netherlands (-X% per year).

Export Prices by Country

In 2018, the palm kernel export price in Sierra Leone amounted to $X per ton, flattening at the previous year. Overall, the palm kernel export price continues to indicate a relatively flat trend pattern. In that year, the export prices for palm kernels reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the export prices for palm kernels failed to regain its momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Palm Kernel Imports

Imports into Sierra Leone

Palm kernel imports into Sierra Leone amounted to X tons in 2018, surging by X% against the previous year. Overall, palm kernel imports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Sierra Leone imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, palm kernel imports amounted to $X in 2018. In general, palm kernel imports continue to indicate tangible growth. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Sierra Leone imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The imports of the twelve major importers of palm kernels, namely Spain, Germany, the Netherlands, Bangladesh, Saudi Arabia, China, Japan, Austria, Turkey, Taiwan, Chinese, South Korea and Slovakia, represented more than half of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Sierra Leone, while the other leaders experienced more modest paces of growth.

In value terms, the largest palm kernel importing markets into Sierra Leone were the Netherlands ($X), Spain ($X) and Germany ($X), together accounting for X% of total imports. These countries were followed by China, Japan, Taiwan, Chinese, Saudi Arabia, Austria, Bangladesh, South Korea, Turkey, Slovakia and Sierra Leone, which together accounted for a further X, Chinese recorded the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the palm kernel import price in Sierra Leone amounted to $X per ton, waning by -X% against the previous year. Overall, the palm kernel import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. In that year, the import prices for palm kernels attained their peak level of $X per ton. From 2015 to 2018, the growth in terms of the import prices for palm kernels remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the palm kernel market in Sierra Leone. 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 2030.

Product coverage:

FCL 256 - Palm kernels

Country coverage:

Sierra Leone

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sierra Leone
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023