Malaysia: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in Malaysia

The revenue of the palm fruit oil market in Malaysia amounted to $X in 2017, surging by X% against the previous year. Overall, palm fruit oil consumption continues to indicate a strong increase. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the palm fruit oil market reached their peak level, and is likely to continue its growth in the immediate term.

Palm Fruit Oil Production in Malaysia

In 2017, production of palm fruit oil in Malaysia totaled X tons, going up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008, 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 continue its growth in the near future.

Palm Fruit Oil Exports from Malaysia

In 2017, exports of palm fruit oil from Malaysia totaled X tons, waning by -X% against the previous year. Overall, palm fruit oil exports continue to indicate a mild drop. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. Malaysia exports peaked of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, palm fruit oil exports amounted to $X in 2017. In general, the total exports indicated a mild growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the palm fruit oil exports attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Palm Fruit Oil Exports by Country from Malaysia

Indonesia represented the main exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Malaysia (X tons), creating X% share of total exports. The following exporters - the Netherlands (X tons), Papua New Guinea (X tons) and Guatemala (X tons) together made up X% 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, the largest palm fruit oil markets worldwide were Indonesia ($X), Malaysia ($X) and the Netherlands ($X), together accounting for X% of total exports. These countries were followed by Papua New Guinea and Guatemala, which together accounted for a further X%.

Guatemala (+X% per year) experienced the highest growth rate of exports, in terms of 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 Malaysia

In 2017, the palm fruit oil export price in Malaysia amounted to $X per ton, rising by X% against the previous year. In general, the export price indicated a pronounced expansion 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 2015 indices. The pace of growth was the most pronounced in 2017, an increase of X% y-o-y. Over the period under review, the export prices for palm fruit oil attained its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the Netherlands ($X per ton) and Indonesia ($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 Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Palm Fruit Oil Imports into Malaysia

In 2017, imports of palm fruit oil into Malaysia totaled X tons, reducing by -X% against the previous year. Overall, palm fruit oil imports continue to indicate a slight expansion. The pace of growth appeared the most rapid in 2015, when it surged by X% y-o-y. Over the period under review, the palm fruit oil imports attained its maximum volume of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, palm fruit oil imports stood at $X in 2017. In general, palm fruit oil imports continue to indicate a pronounced increase. Over the period under review, the palm fruit oil imports reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Palm Fruit Oil Imports by Country into Malaysia

In 2017, India (X tons), distantly followed by China (X tons), Pakistan (X tons) and the Netherlands (X tons) were the key 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) held 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, India ($X), China ($X) and Pakistan ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. The Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar, Malaysia and Ghana lagged somewhat behind, together accounting for a further X%.

Ghana (+X% per year) recorded the highest rates of growth with regard to 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 Malaysia

The palm fruit oil import price in Malaysia stood at $X per ton in 2017, surging by X% against the previous year. In general, the import price indicated a slight 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 import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. Over the period under review, the import 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.

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