Report World - Palm Kernel and Babassu Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Palm Kernel and Babassu Oil - Market Analysis, Forecast, Size, Trends and Insights
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Global Palm Kernel Oil Market 2022

Palm Kernel Oil Market Size

In 2020, the global palm kernel oil market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Global consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Palm Kernel Oil Production

In value terms, palm kernel oil production soared to $X in 2020 estimated in export prices. Over the period under review, the total production indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2017 indices. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, global production reached the maximum level at $X in 2017; however, from 2018 to 2020, production failed to regain the momentum.

Production By Country

Indonesia (X tonnes) constituted the country with the largest volume of palm kernel oil production, accounting for X% of total volume. Moreover, palm kernel oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (X tonnes), twofold. The third position in this ranking was occupied by Thailand (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Indonesia stood at +X%. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Thailand (+X% per year).

Palm Kernel Oil Exports

Exports

After three years of growth, overseas shipments of palm kernel and babassu oil decreased by -X% to X tonnes in 2020. The total export volume increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, global exports reached the peak figure at X tonnes in 2019, and then dropped modestly in the following year.

In value terms, palm kernel oil exports expanded rapidly to $X in 2020. In general, total exports indicated a perceptible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, global exports reached the peak figure at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Indonesia represented the main exporter of palm kernel and babassu oil in the world, with the volume of exports recording X tonnes, which was near X% of total exports in 2020. It was distantly followed by Malaysia (X tonnes), mixing up a X% share of total exports. The following exporters - Colombia (X tonnes), Papua New Guinea (X tonnes) and Thailand (X tonnes) - each amounted to a X% share of total exports.

From 2007 to 2020, the biggest increases were in Colombia, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Malaysia ($X) and Papua New Guinea ($X) appeared to be the countries with the highest levels of exports in 2020, with a combined X% share of global exports. Colombia and Thailand lagged somewhat behind, together accounting for a further X the main exporting countries, Colombia saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average palm kernel oil export price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Global export price peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Papua New Guinea ($X per tonne) and Malaysia ($X per tonne), while Thailand ($X per tonne) and Colombia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Papua New Guinea, while the other global leaders experienced more modest paces of growth.

Palm Kernel Oil Imports

Imports

After three years of growth, overseas purchases of palm kernel and babassu oil decreased by -X% to X tonnes in 2020. The total import volume increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. from 2013 to 2020, the growth of global imports failed to regain the momentum.

In value terms, palm kernel oil imports amounted to $X in 2020. Overall, total imports indicated modest growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Global imports peaked at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes), distantly followed by the United States (X tonnes), Germany (X tonnes), Malaysia (X tonnes), the Netherlands (X tonnes) and Brazil (X tonnes) represented the main importers of palm kernel and babassu oil, together comprising X% of total imports. India (X tonnes), Turkey (X tonnes), Japan (X tonnes), Russia (X tonnes), Spain (X tonnes) and Italy (X tonnes) held a minor share of total imports.

From 2007 to 2020, average annual rates of growth with regard to palm kernel oil imports into China stood at +X%. At the same time, Brazil (+X%), Italy (+X%), Russia (+X%), the United States (+X%), the Netherlands (+X%), Germany (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. Japan, India and Malaysia experienced a relatively flat trend pattern. By contrast, Turkey (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of China and Brazil increased by +X% and +X% percentage points, while Malaysia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest palm kernel oil importing markets worldwide were China ($X), the United States ($X) and Germany ($X), with a combined X% share of global imports. Malaysia, the Netherlands, Brazil, India, Russia, Japan, Turkey, Italy and Spain lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average palm kernel oil import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Italy ($X per tonne) and Russia ($X per tonne), while China ($X per tonne) and Malaysia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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

Frequently Asked Questions (FAQ) :

What are the largest markets for palm kernel and babassu oil in the world?
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The countries with the highest volumes of palm kernel oil consumption in 2020 were Indonesia, Malaysia and China, with a combined 66% share of global consumption.
What are the largest producers of palm kernel and babassu oil in the world?
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Indonesia constituted the country with the largest volume of palm kernel oil production, comprising approx. 57% of total volume. Moreover, palm kernel oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia, twofold. The third position in this ranking was occupied by Thailand, with a 3.4% share.
What are the leading suppliers of palm kernel and babassu oil in the world?
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In value terms, the largest palm kernel oil supplying countries worldwide were Indonesia, Malaysia and Papua New Guinea, with a combined 86% share of global exports. These countries were followed by Colombia and Thailand, which together accounted for a further 4%.
What are the leading importers of palm kernel and babassu oil in the world?
+
In value terms, the largest palm kernel oil importing markets worldwide were China, the United States and Germany, with a combined 44% share of global imports. Malaysia, the Netherlands, Brazil, India, Russia, Japan, Turkey, Italy and Spain lagged somewhat behind, together accounting for a further 37%.
What is the average export price for palm kernel and babassu oil in the world?
+
In 2020, the average palm kernel oil export price amounted to $806 per tonne, rising by 13% against the previous year.
What is the average import price for palm kernel and babassu oil in the world?
+
In 2020, the average palm kernel oil import price amounted to $821 per tonne, rising by 6.1% against the previous year.

This report provides an in-depth analysis of the global palm kernel oil market. 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.


Product coverage:
• FCL 258 - Oil of Palm Kernel

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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
TOP EXPORTING COUNTRIES
5.4
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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