Northern America: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in Northern America

The revenue of the palm fruit oil market in Northern America amounted to $X in 2017, going down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The palm fruit oil consumption continues to indicate a moderate descent. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. The level of palm fruit oil consumption peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Palm Fruit Oil Exports

Exports in Northern America

The exports amounted to X tons in 2017, rising by X% against the previous year. The total exports indicated a prominent 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 2015 indices. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. Over the period under review, the palm fruit oil exports attained its maximum volume of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, palm fruit oil exports amounted to $X in 2017. The total exports indicated a strong 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. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Exports by Country

In 2017, the U.S. (X tons) was the key exporter for palm fruit oil, mixed up X% of total exports. It was distantly followed by Canada (X tons), mixed up X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to palm fruit oil exports from the U.S. stood at +X%. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest growing exporter in Northern America, with a CAGR of +X% from 2007-2017. While the share of Canada (-X%) and the U.S. (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest palm fruit oil supplier in Northern America, making up X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. amounted to +X%.

Export Prices by Country

The palm fruit oil export price in Northern America stood at $X per ton in 2017, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, an increase of X% year-to-year. Over the period under review, the export prices for palm fruit oil attained its peak figure level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, the country with the highest export price was the U.S. ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Canada (+X% per year).

Palm Fruit Oil Imports

Imports in Northern America

In 2017, approx. X tons of palm fruit oil were imported in Northern America; falling by -X% against the previous year. The palm fruit oil imports continue to indicate a temperate descent. The pace of growth appeared the most rapid in 2008, with an increase of X% year-to-year. Over the period under review, the palm fruit oil imports reached its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, palm fruit oil imports stood at $X in 2017. The palm fruit oil imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Imports by Country

In 2017, the U.S. (X tons) represented the key importer for palm fruit oil, committing X% of total imports. It was distantly followed by Canada (X tons), creating X% share of total imports.

Imports into the U.S. decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest growing importer in Northern America, with a CAGR of +X% from 2007-2017. While the share of the U.S. (X%) increased significantly in terms of the global imports from 2007-2017, the share of Canada (-X%) displayed negative dynamics.

In value terms, the U.S. ($X) constitutes the largest market for imported palm fruit oil in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. totaled -X%.

Import Prices by Country

The palm fruit oil import price in Northern America stood at $X per ton in 2017, growing by X% against the previous year. The import price indicated a measured 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. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the import prices for palm fruit oil attained its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, the country with the highest import price was Canada ($X per ton), while the U.S. ($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 the U.S. (+X% per year).

Source: IndexBox Platform