South-Eastern Asia: Palm Fruit Oil Market 2020

Palm Fruit Oil Market Size in South-Eastern Asia

The revenue of the palm fruit oil market in South-Eastern Asia amounted to $-X in 2017, growing by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. The level of palm fruit oil consumption peaked of $-X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Palm Fruit Oil Production in South-Eastern Asia

In 2017, palm fruit oil production in South-Eastern Asia stood at X tons, rising by X% against the previous year. The total output indicated a remarkable growth 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 production increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2011, when the output figure increased by X% y-o-y. Over the period under review, the palm fruit oil production attained its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Palm Fruit Oil Exports

Exports in South-Eastern Asia

In 2017, palm fruit oil exports in South-Eastern Asia totaled X tons, reducing by -X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. Over the period under review, the palm fruit oil exports attained its maximum volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, palm fruit oil exports stood at $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. 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.

Exports by Country

Indonesia was the main exporter of palm fruit oil in South-Eastern Asia, with the volume of exports recording X tons, which was near X% of total exports in 2017. It was distantly followed by Malaysia (X tons), achieving X% share of total exports.

Indonesia was also the fastest growing in terms of the palm fruit oil exports, with a CAGR of +X% from 2007 to 2017. 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.

In value terms, Indonesia ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

Indonesia (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countriesover the last decade.

Export Prices by Country

In 2017, the palm fruit oil export price in South-Eastern Asia amounted to $X per ton, going up by X% against the previous year. The export price indicated a mild 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 most prominent rate of growth was recorded in 2017, when the export prices increased by X% against the previous year. Over the period under review, the export prices for palm fruit oil reached its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, the country with the highest export price was Malaysia ($X per ton), while Indonesia ($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 Malaysia (+X% per year).

Palm Fruit Oil Imports

Imports in South-Eastern Asia

In 2017, the amount of palm fruit oil imported in South-Eastern Asia stood at X tons, declining by -X% against the previous year. The total imports indicated a modest growth 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 imports decreased by -X% against 2015 indices. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, palm fruit oil imports totaled $X in 2017. The palm fruit oil imports continue to indicate a conspicuous increase. In that year, the palm fruit oil imports attained their peak level of $X. From 2012 to 2017, growth of the palm fruit oil imports failed to regain its momentum.

Imports by Country

The imports of the three major importers of palm fruit oil, namely Myanmar, Vietnam and Malaysia, represented more than two-thirds of total import. It was distantly followed by Singapore (X tons), generating X% share of total imports. The Philippines (X tons) took the mild 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 Myanmar (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($X), Vietnam ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

Among the main importing countries, Myanmar (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the palm fruit oil import price in South-Eastern Asia 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 growth pace was the most rapid in 2011, when the import prices increased by X% against the previous 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 stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Malaysia ($X per ton) and Vietnam ($X per ton), while Myanmar ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform