China: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in China

The revenue of the palm fruit oil market in China amounted to $X in 2017, increasing by X% against the previous year. In general, palm fruit oil consumption continues to indicate a temperate deduction. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. China 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 China

Palm fruit oil production in China stood at X tons in 2017, flattening at the previous year. In general, palm fruit oil production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. China palm fruit oil production peaked in 2017, and is expected to retain its growth in the near future.

Palm Fruit Oil Exports from China

In 2017, approx. X tons of palm fruit oil were exported from China; falling by -X% against the previous year. Overall, palm fruit oil exports continue to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2016, when it surged by X% against the previous year. In that year, the palm fruit oil exports reached their peak volume of X tons, and then declined slightly in the following year.

In value terms, palm fruit oil exports totaled $X in 2017. In general, palm fruit oil exports continue to indicate a skyrocketing growth. In that year, the palm fruit oil exports reached their peak level of $X, and then declined slightly in the following year.

Palm Fruit Oil Exports by Country from China

Indonesia represented the main exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Malaysia (X tons), generating X% share of total exports. The Netherlands (X tons), Papua New Guinea (X tons) and Guatemala (X tons) followed a long way behind the leaders.

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. While the share of Malaysia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Indonesia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest palm fruit oil markets worldwide were Indonesia ($X), Malaysia ($X) and the Netherlands ($X), with a combined X% share of total exports. These countries were followed by Papua New Guinea, Guatemala and China, which together accounted for a further X%.

Among the main exporting countries , China (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Export Prices by Country in China

In 2017, the palm fruit oil export price in China amounted to $X per ton, rising by X% against the previous year. In general, palm fruit oil export price continues to indicate a mild decline. The pace of growth was the most pronounced in 2008, an increase of X% year-to-year. In that year, the export prices for palm fruit oil reached their peak level of $X per ton. From 2009 to 2017, growth of the export prices for palm fruit oil 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 China

Palm fruit oil imports into China totaled X tons in 2017, increasing by X% against the previous year. Overall, palm fruit oil imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when imports increased by X% y-o-y. China imports peaked of X tons in 2012; however, from 2013 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 relatively flat trend pattern. China imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Palm Fruit Oil Imports by Country into China

In 2017, India (X tons), distantly followed by China (X tons), Pakistan (X tons) and the Netherlands (X tons) were the main importers of palm fruit oil, together achieving 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. The Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar and Ghana lagged somewhat behind, together comprising a further X%.

Ghana (+X% per year) experienced 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 China

In 2017, the palm fruit oil import price in China amounted to $X per ton, growing by X% against the previous year. Overall, palm fruit oil import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. China import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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