Report Turkey - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Turkey - Palm Kernels - Market Analysis, Forecast, Size, Trends and Insights
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Turkey: Palm Kernel Market 2022

Palm Kernel Market Size in Turkey

The Turkish palm kernel market stood at $X in 2021, with an increase of X% against the previous year. Overall, consumption, however, showed a dramatic contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Palm Kernel Production in Turkey

In value terms, palm kernel production totaled less than $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

The average yield of palm kernels in Turkey totaled less than X kg per ha in 2021, approximately mirroring 2020. In general, the yield showed 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.

In 2021, approx. less than X ha of palm kernels were harvested in Turkey; standing approx. at the year before. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Palm Kernel Exports

Exports from Turkey

In 2021, approx. X tons of palm kernels were exported from Turkey; jumping by X% compared with 2020. In general, exports, however, saw a deep slump. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, palm kernel exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a drastic downturn. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Egypt (X tons) was the main destination for palm kernel exports from Turkey, accounting for a X% share of total exports. Moreover, palm kernel exports to Egypt exceeded the volume sent to the second major destination, Iraq (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with less than X% share.

From 2012 to 2021, the average annual growth rate of volume to Egypt stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Germany (+X% per year).

In value terms, Egypt ($X), Germany ($X) and Iraq ($X) constituted the largest markets for palm kernel exported from Turkey worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average palm kernel export price amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the export price saw a noticeable descent. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Palm Kernel Imports

Imports into Turkey

Palm kernel imports into Turkey soared to X tons in 2021, with an increase of X% on the previous year. Overall, imports, however, faced a sharp curtailment. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, palm kernel imports declined modestly to $X in 2021. Over the period under review, imports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of palm kernel to Turkey, accounting for a X% share of total imports. Moreover, palm kernel imports from the United States exceeded the figures recorded by the second-largest supplier, Sweden (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Italy (+X% per year).

In value terms, the United States ($X) constituted the largest supplier of palm kernel to Turkey, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with an X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2021, the average palm kernel import price amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the import price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then declined rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for palm kernels in the world?
+
The country with the largest volume of palm kernel consumption was Indonesia, accounting for 57% of total volume. Moreover, palm kernel consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia, twofold. Thailand ranked third in terms of total consumption with less than 0.1% share.
What are the largest producers of palm kernels in the world?
+
Indonesia constituted the country with the largest volume of palm kernel production, accounting for 57% of total volume. Moreover, palm kernel production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia, twofold. Thailand ranked third in terms of total production with less than 0.1% share.
What are the leading suppliers of palm kernels to Turkey?
+
In value terms, the United States constituted the largest supplier of palm kernel to Turkey, comprising 18% of total imports. The second position in the ranking was held by Sweden, with an 8.4% share of total imports.
What are the leading importers of palm kernels from Turkey?
+
In value terms, the largest markets for palm kernel exported from Turkey were Egypt, Germany and Iraq, with a combined 79% share of total exports.
What is the average export price for palm kernels in Turkey?
+
In 2021, the average palm kernel export price amounted to $4,697 per ton, falling by -32.9% against the previous year.
What is the average import price for palm kernels in Turkey?
+
In 2021, the average palm kernel import price amounted to $2,621 per ton, declining by -28.7% against the previous year.

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Turkey
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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