Democratic Republic of the Congo: Palm Kernel Market 2020

Palm Kernel Market Size in Democratic Republic of the Congo

The revenue of the palm kernel market in Democratic Republic of the Congo amounted to $X in 2018, flattening at the previous year. Overall, palm kernel consumption continues to indicate a buoyant expansion. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Over the period under review, the palm kernel market attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Palm Kernel Production in Democratic Republic of the Congo

In value terms, palm kernel production stood at $X in 2018 estimated in export prices. In general, palm kernel production continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, palm kernel production reached its maximum level at $X in 2017, leveling off in the following year.

Palm Kernel Exports

Exports from Democratic Republic of the Congo

In 2018, the amount of palm kernels exported from Democratic Republic of the Congo stood at X kg, increasing by X% against the previous year. Over the period under review, palm kernel exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. In that year, palm kernel exports reached their peak of X kg. From 2010 to 2018, the growth of palm kernel exports failed to regain its momentum.

In value terms, palm kernel exports stood at $X in 2018. Overall, palm kernel exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, palm kernel exports attained their peak figure at $X in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

Exports by Country

China (X tons), India (X tons), Thailand (X tons), Germany (X tons), the U.S. (X tons), Spain (X tons), the Netherlands (X tons), Denmark (X tons), Italy (X tons), Austria (X tons), New Zealand (X tons) and Myanmar (X tons) represented roughly X% of total exports of palm kernels in 2018.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Myanmar (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest palm kernel supplier from Democratic Republic of the Congo, comprising X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: the U.S. (-X% per year) and the Netherlands (-X% per year).

Export Prices by Country

In 2018, the palm kernel export price in Democratic Republic of the Congo amounted to $X per ton, coming down by -X% against the previous year. Overall, the palm kernel export price continues to indicate a drastic decline. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. In that year, the export prices for palm kernels reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the export prices for palm kernels remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Palm Kernel Imports

Imports into Democratic Republic of the Congo

In 2018, the amount of palm kernels imported into Democratic Republic of the Congo totaled X tons, going up by X% against the previous year. Overall, palm kernel imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. In that year, palm kernel imports attained their peak of X tons. From 2015 to 2018, the growth of palm kernel imports remained at a lower figure.

In value terms, palm kernel imports totaled $X in 2018. In general, palm kernel imports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. In that year, palm kernel imports reached their peak of $X. From 2015 to 2018, the growth of palm kernel imports remained at a lower figure.

Imports by Country

Spain (X tons), Germany (X tons), the Netherlands (X tons), Bangladesh (X tons), Saudi Arabia (X tons), China (X tons), Japan (X tons), Austria (X tons), Turkey (X tons), Taiwan, Chinese (X tons), South Korea (X tons) and Slovakia (X tons) represented roughly X% of total imports of palm kernels in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Slovakia, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Spain ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. China, Japan, Taiwan, Chinese, Saudi Arabia, Austria, Bangladesh, South Korea, Turkey, Slovakia and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X, Chinese experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The palm kernel import price in Democratic Republic of the Congo stood at $X per ton in 2018, reducing by -X% against the previous year. Over the period under review, the palm kernel import price, however, continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. Democratic Republic of the Congo import price peaked at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform