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

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Palm Kernel Market Size in Spain

The Spanish palm kernel market contracted to $X in 2019, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Palm kernel consumption peaked at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Palm Kernel Exports

Exports from Spain

In 2019, approx. X tonnes of palm kernels were exported from Spain; waning by -X% on 2018 figures. Over the period under review, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. From 2014 to 2019, the growth exports failed to regain the momentum.

In value terms, palm kernel exports fell markedly to $X in 2019. Overall, exports posted tangible growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports failed to regain the momentum.

Exports by Country

France (X tonnes) was the main destination for palm kernel exports from Spain, accounting for a X% share of total exports. Moreover, palm kernel exports to France exceeded the volume sent to the second major destination, Portugal (X tonnes), fivefold. Italy (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (-X% per year) and Italy (+X% per year).

In value terms, the largest markets for palm kernel exported from Spain were Portugal ($X), France ($X) and Italy ($X), with a combined X% share of total exports. Morocco, Algeria, Germany, Switzerland and Greece lagged somewhat behind, together comprising a further X (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average palm kernel export price stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2018, and then declined in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Algeria ($X per tonne), while the average price for exports to France ($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 Morocco, while the prices for the other major destinations experienced more modest paces of growth.

Palm Kernel Imports

Imports into Spain

For the third consecutive year, Spain recorded decline in purchases abroad of palm kernels, which decreased by -X% to X tonnes in 2019. In general, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2017 to 2019, the growth imports failed to regain the momentum.

In value terms, palm kernel imports contracted to $X in 2019. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, France (X tonnes) constituted the largest supplier of palm kernel to Spain, with a X% share of total imports. Moreover, palm kernel imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), tenfold. China (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and China (+X% per year).

In value terms, the largest palm kernel suppliers to Spain were France ($X), the UK ($X) and the Netherlands ($X), together accounting for X% of total imports.

Among the main suppliers, the UK (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average palm kernel import price amounted to $X per tonne, remaining relatively unchanged against the previous year. Overall, the import price faced a abrupt decrease. The growth pace was the most rapid in 2013 an increase of X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the UK, 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), with a combined 38% share 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), with a combined 52% share of global production. Austria, Egypt, New Zealand, Chile, Denmark, Peru, Myanmar, Indonesia, China and Afghanistan lagged somewhat behind, together comprising a further 33%.
What are the leading suppliers of palm kernels to Spain?
+
In value terms, the largest palm kernel suppliers to Spain were France ($4.1M), the UK ($3.8M) and the Netherlands ($1.5M), together accounting for 56% of total imports.
What are the leading importers of palm kernels from Spain?
+
In value terms, the largest markets for palm kernel exported from Spain were Portugal ($728K), France ($646K) and Italy ($612K), together accounting for 27% of total exports. These countries were followed by Morocco, Algeria, Germany, Switzerland and Greece, which together accounted for a further 11%.
What is the average export price for palm kernels in Spain?
+
In 2019, the average palm kernel export price amounted to $18,471 per tonne, falling by -7.8% against the previous year.
What is the average import price for palm kernels in Spain?
+
In 2019, the average palm kernel import price amounted to $3,281 per tonne, remaining relatively unchanged against the previous year.

Product coverage:
• FCL 256 - Palm kernels

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

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