Finland: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in Finland

The revenue of the palm fruit oil market in Finland amounted to $X in 2017, increasing by X% against the previous year. In general, palm fruit oil consumption continues to indicate a strong growth. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. In that year, the palm fruit oil market reached their peak level of $X. From 2009 to 2017, growth of the palm fruit oil market failed to regain its momentum.

Palm Fruit Oil Production in Finland

Palm fruit oil production in Finland stood at X kg in 2017, leveling off at the previous year. Overall, palm fruit oil production continues to indicate a relatively flat trend pattern.

Palm Fruit Oil Exports from Finland

In 2017, palm fruit oil exports from Finland stood at X tons, falling by -X% against the previous year. In general, palm fruit oil exports continue to indicate a temperate drop. The growth pace was the most rapid in 2008, when exports increased by X% against the previous year. In that year, the palm fruit oil exports attained their peak volume of X tons. From 2009 to 2017, growth of the palm fruit oil exports 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 pronounced increase. In that year, the palm fruit oil exports attained their peak level of $X. From 2009 to 2017, growth of the palm fruit oil exports failed to regain its momentum.

Palm Fruit Oil Exports by Country from Finland

In 2017, Indonesia (X tons) was the major exporter for palm fruit oil, mixed up X% of total exports. It was distantly followed by Malaysia (X tons), constituting X% share of total exports. The Netherlands (X tons), Papua New Guinea (X tons) and Guatemala (X tons) occupied the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to palm fruit oil exports from Indonesia stood at +X%. 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, Indonesia ($X), Malaysia ($X) and the Netherlands ($X) constituted 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 Finland, which together accounted for a further X%.

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

Palm Fruit Oil Export Prices by Country in Finland

The palm fruit oil export price in Finland stood at $X per ton in 2017, picking up by X% against the previous year. Overall, the export price indicated a remarkable increase from 2007 to 2017: its price 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 export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. Over the period under review, the export prices for palm fruit oil reached its maximum level in 2017, and is likely to continue its growth in the immediate term.

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 by Country into Finland

In 2017, India (X tons), distantly followed by China (X tons), Pakistan (X tons) and the Netherlands (X tons) represented the major importers of palm fruit oil, together mixed up 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) occupied the weak share of total imports.

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 Finland, which together accounted for a further X%.

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

Palm Fruit Oil Import Prices by Country in Finland

In 2017, the palm fruit oil import price in Finland amounted to $X per ton, approximately equating by -% against the previous year. Over the period from 2007 to 2017, it decreased at an average annual rate of nan%. The pace of growth was the most pronounced in 2008, when the import prices increased by -% year-to-year.

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