Portugal: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in Portugal

The revenue of the palm fruit oil market in Portugal amounted to $X in 2017, coming down by -X% against the previous year. In general, palm fruit oil consumption continues to indicate a deep decline. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Portugal palm fruit oil consumption peaked of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Palm Fruit Oil Production in Portugal

In 2017, palm fruit oil production in Portugal totaled X kg, flattening at the previous year. Overall, palm fruit oil production continues to indicate a relatively flat trend pattern.

Palm Fruit Oil Exports from Portugal

In 2017, palm fruit oil exports from Portugal totaled X tons, picking up by X% against the previous year. In general, palm fruit oil exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. In that year, the palm fruit oil exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, palm fruit oil exports amounted to $X in 2017. In general, palm fruit oil exports continue to indicate a remarkable growth. In that year, the palm fruit oil exports attained their peak level, and are likely to continue its growth in the immediate term.

Palm Fruit Oil Exports by Country from Portugal

Indonesia was the key exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Malaysia (X tons), generating 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. 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, the largest palm fruit oil markets worldwide were Indonesia ($X), Malaysia ($X) and the Netherlands ($X), with a combined X% share of total exports. These countries were followed by Papua New Guinea, Guatemala and Portugal, which together accounted for a further X%.

Guatemala (+X% per year) experienced the highest rates of growth with regard to 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 Portugal

In 2017, the palm fruit oil export price in Portugal amounted to $X per ton, leveling off at the previous year. Overall, palm fruit oil export price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2016, an increase of X% year-to-year. Portugal export price peaked of $X per ton in 2007; however, from 2008 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 Portugal

In 2017, approx. X tons of palm fruit oil were imported into Portugal; lowering by -X% against the previous year. In general, palm fruit oil imports continue to indicate an abrupt drop. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. In that year, the palm fruit oil imports reached their peak volume of X tons. From 2012 to 2017, growth of the palm fruit oil imports stood at a somewhat lower level.

In value terms, palm fruit oil imports stood at $X in 2017. Overall, palm fruit oil imports continue to indicate a pronounced shrinkage. In that year, the palm fruit oil imports reached their peak level of $X. From 2012 to 2017, growth of the palm fruit oil imports stood at a somewhat lower level.

Palm Fruit Oil Imports by Country into Portugal

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. 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, India ($X), China ($X) and Pakistan ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. The Netherlands, Spain, Italy, the U.S., Bangladesh, Germany, Russia, Myanmar, Ghana and Portugal 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 Portugal

In 2017, the palm fruit oil import price in Portugal amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% year-to-year. Over the period under review, the import prices for palm fruit oil reached its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it 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