Italy: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in Italy

The revenue of the palm fruit oil market in Italy amounted to $X in 2017, picking up by X% against the previous year. In general, palm fruit oil consumption continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. Italy palm fruit oil consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Palm Fruit Oil Production in Italy

Palm fruit oil production in Italy amounted to X kg in 2017, remaining constant against the previous year. In general, palm fruit oil production continues to indicate a relatively flat trend pattern.

Palm Fruit Oil Exports from Italy

In 2017, approx. X tons of palm fruit oil were exported from Italy; growing by X% against the previous year. In general, the total exports indicated a temperate increase 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 exports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the palm fruit oil exports reached its peak figure volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, palm fruit oil exports amounted to $X in 2017. Overall, the total exports indicated a remarkable increase from 2007 to 2017: its value 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 exports increased by +X% against 2015 indices. Over the period under review, the palm fruit oil exports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Palm Fruit Oil Exports by Country from Italy

In 2017, Indonesia (X tons) was the largest exporter for palm fruit oil, mixed up X% of total exports. It was distantly followed by Malaysia (X tons), achieving X% share of total exports. The Netherlands (X tons), Papua New Guinea (X tons) and Guatemala (X tons) held 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. From 2007 to 2017, the share of Malaysia increased by X% percentage points, while Indonesia (-X%) saw their share reduced. 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, together accounting for X% of total exports. Papua New Guinea, Guatemala and Italy lagged somewhat behind, together accounting for a further X%.

Among 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 Italy

In 2017, the palm fruit oil export price in Italy amounted to $X per ton, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Over the period under review, the export prices for palm fruit oil reached its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

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 Italy

Palm fruit oil imports into Italy totaled X tons in 2017, shrinking by -X% against the previous year. Overall, palm fruit oil imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2009, when imports increased by X% against the previous year. Over the period under review, the palm fruit oil imports reached its maximum volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, palm fruit oil imports amounted to $X in 2017. In general, palm fruit oil imports continue to indicate a remarkable expansion. Over the period under review, the palm fruit oil imports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Palm Fruit Oil Imports by Country into Italy

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

In terms of 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 Italy

The palm fruit oil import price in Italy stood at $X per ton in 2017, going up by X% against the previous year. Overall, palm fruit oil import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when the import prices increased by X% year-to-year. Italy import price peaked of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

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