Peru: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in Peru

The revenue of the palm fruit oil market in Peru amounted to $X in 2017, surging by X% against the previous year. In general, palm fruit oil consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2015, with an increase of X% year-to-year. Over the period under review, the palm fruit oil market attained its maximum level in 2017, and is expected to retain its growth in the near future.

Palm Fruit Oil Production in Peru

In 2017, production of palm fruit oil in Peru stood at X tons, picking up by X% against the previous year. In general, palm fruit oil production continues to indicate a strong growth. The pace of growth appeared the most rapid 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 immediate term.

Palm Fruit Oil Exports from Peru

Palm fruit oil exports from Peru stood at X tons in 2017, falling by -X% against the previous year. In general, palm fruit oil exports continue to indicate a strong growth. The pace of growth was the most pronounced in 2014, when exports increased by X% y-o-y. In that year, the palm fruit oil exports attained their peak volume of X tons. From 2015 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 remarkable expansion. In that year, the palm fruit oil exports reached their peak level of $X. From 2015 to 2017, growth of the palm fruit oil exports failed to regain its momentum.

Palm Fruit Oil Exports by Country from Peru

Indonesia represented the major exporter of palm fruit oil in the world, with the volume of exports finishing at X tons, which was near X% of total exports in 2017. 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.

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, the largest palm fruit oil markets worldwide were Indonesia ($X), Malaysia ($X) and the Netherlands ($X), together comprising X% of total exports. Papua New Guinea, Guatemala and Peru lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries , Guatemala (+X% per year) experienced 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 Peru

The palm fruit oil export price in Peru stood at $X per ton in 2017, increasing by X% against the previous year. In general, palm fruit oil export price continues to indicate a slight deduction. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% y-o-y. Peru export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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 Peru

Palm fruit oil imports into Peru totaled X tons in 2017, coming up by X% against the previous year. Overall, palm fruit oil imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Over the period under review, the palm fruit oil imports reached its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, palm fruit oil imports totaled $X in 2017. Overall, palm fruit oil imports continue to indicate a strong expansion. Over the period under review, the palm fruit oil imports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Palm Fruit Oil Imports by Country into Peru

In 2017, India (X tons), distantly followed by China (X tons), Pakistan (X tons) and the Netherlands (X tons) were the main importers of palm fruit oil, together creating X% of total imports. The following importers - 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) together made up X% 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 Peru, which together accounted for a further X%.

In terms of the main importing countries , Ghana (+X% per year) recorded 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 Peru

In 2017, the palm fruit oil import price in Peru amounted to $X per ton, growing by X% against the previous year. In general, the import price indicated a prominent growth 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 2014 indices. The pace of growth appeared the most rapid in 2011, an increase of X% year-to-year. In that year, the import prices for palm fruit oil attained their peak level of $X per ton. From 2012 to 2017, growth of the import prices for palm fruit oil failed to regain its momentum.

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