Report Update Nov 1, 2024

Bolivia - Palm Kernel and Babassu Oil - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Bolivia: Palm Kernel Oil Market 2024

Palm Kernel Oil Market Size in Bolivia

In 2022, the Bolivian palm kernel oil market increased by 62% to $X, rising for the third consecutive year after two years of decline. Overall, consumption continues to indicate a prominent increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Palm Kernel Oil Production in Bolivia

In value terms, palm kernel oil production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with a decrease of 99.9%. Palm kernel oil production peaked in 2022 and is expected to retain growth in years to come.

Palm Kernel Oil Exports

Exports from Bolivia

In 2019, approx. X tons of palm kernel and babassu oil were exported from Bolivia; remaining constant against the year before. Overall, exports continue to indicate a drastic downturn. The smallest decline of 99.9% was in 2018. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2019, the exports stood at a somewhat lower figure.

In value terms, palm kernel oil exports stood at $X in 2019. Over the period under review, exports faced a abrupt decrease. The smallest decline of 99.9% was in 2018. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for palm kernel oil exports from Bolivia, accounting for a 97% share of total exports. It was followed by South Korea (X kg), with a 2.5% share of total exports.

From 2017 to 2019, the average annual rate of growth in terms of volume to the United States stood at +81.1%.

From 2017 to 2019, the average annual rate of growth in terms of value to the United States amounted to +69.6%.

Export Prices by Country

In 2019, the average palm kernel oil export price amounted to $X per ton, flattening at the previous year. Overall, the export price posted a measured increase. The pace of growth was the most pronounced in 2018 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2019 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to South Korea totaled $X per ton.

From 2017 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.4%).

Palm Kernel Oil Imports

Imports into Bolivia

Palm kernel oil imports into Bolivia skyrocketed to X tons in 2022, jumping by 39% against 2021. In general, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 82% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, palm kernel oil imports surged to $X in 2022. Over the period under review, imports recorded a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 76% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Ecuador (X tons) was the main supplier of palm kernel oil to Bolivia, accounting for a 97% share of total imports. It was followed by Brazil (X tons), with a 3.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Ecuador stood at +12.1%.

In value terms, Ecuador ($X) constituted the largest supplier of palm kernel and babassu oil to Bolivia, comprising 96% of total imports. The second position in the ranking was taken by Brazil ($X), with a 3.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Ecuador stood at +16.6%.

Import Prices by Country

The average palm kernel oil import price stood at $X per ton in 2022, with an increase of 17% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, palm kernel oil import price increased by +70.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Ecuador stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+4.0%).

Source: IndexBox Platform

This report provides an in-depth analysis of the palm kernel oil market in Bolivia. 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 258 - Oil of Palm Kernel

Country coverage:

Bolivia

Data coverage:

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