Brazil: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in Brazil

The revenue of the palm fruit oil market in Brazil amounted to $X in 2017, dropping by -X% against the previous year. In general, palm fruit oil consumption continues to indicate a strong growth. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Brazil palm fruit oil consumption peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Palm Fruit Oil Production in Brazil

In 2017, the amount of palm fruit oil produced in Brazil amounted to X tons, going up by X% against the previous year. Overall, palm fruit oil production continues to indicate a strong increase. The growth pace was the most rapid in 2012, when the output figure increased by X% year-to-year. Over the period under review, the palm fruit oil production reached its maximum volume in 2017, and is likely to see steady growth in the near future.

Palm Fruit Oil Exports from Brazil

In 2017, palm fruit oil exports from Brazil amounted to X tons, picking up by X% against the previous year. In general, palm fruit oil exports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2009, when exports increased by X% against the previous year. Brazil exports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, palm fruit oil exports amounted to $X in 2017. In general, palm fruit oil exports continue to indicate a skyrocketing growth. Brazil exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Palm Fruit Oil Exports by Country from Brazil

In 2017, Indonesia (X tons) represented the key exporter for palm fruit oil, constituting X% of total exports. It was distantly followed by Malaysia (X tons), creating X% share of total exports. The Netherlands (X tons), Papua New Guinea (X tons) and Guatemala (X tons) took the slight share of total exports.

Exports from Indonesia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Guatemala (+X%) and Papua New Guinea (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The Netherlands experienced a relatively flat trend pattern. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. Malaysia (X%) significantly strengthened its position in terms of the global exports, while Indonesia saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X), Malaysia ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Papua New Guinea, Guatemala and Brazil, which together accounted for a further X%.

Brazil (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Export Prices by Country in Brazil

In 2017, the palm fruit oil export price in Brazil amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, palm fruit oil export price continues to indicate a significant setback. The pace of growth was the most pronounced in 2010, an increase of X% against the previous year. Over the period under review, the export prices for palm fruit oil reached its maximum level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Malaysia ($X per ton) and the Netherlands ($X per ton), while Guatemala ($X per ton) and Papua New Guinea ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Imports into Brazil

Palm fruit oil imports into Brazil stood at X tons in 2017, shrinking by -X% against the previous year. Overall, the total imports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the palm fruit oil imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2008, when imports increased by X% year-to-year. Brazil imports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, palm fruit oil imports totaled $X in 2017. In general, palm fruit oil imports continue to indicate a strong growth. Brazil imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Palm Fruit Oil Imports by Country into Brazil

In 2017, India (X tons), distantly followed by China (X tons), Pakistan (X tons) and the Netherlands (X tons) were the largest importers of palm fruit oil, together generating X% of total imports. Spain (X tons), Italy (X tons), Ghana (X tons), the U.S. (X tons), Bangladesh (X tons), Germany (X tons), Russia (X tons) and Myanmar (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ghana (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest palm fruit oil markets worldwide were India ($X), China ($X) and Pakistan ($X), with a combined X% share of total imports. These countries were followed by the Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar, Ghana and Brazil, which together accounted for a further X%.

Ghana (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Import Prices by Country in Brazil

The palm fruit oil import price in Brazil stood at $X per ton in 2017, surging by X% against the previous year. In general, palm fruit oil import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of X% year-to-year. In that year, the import prices for palm fruit oil reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for palm fruit oil stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform