Global Palm Oil Market - Industry Development Outlook 2018
This report contains a detailed analysis of the global palm oil market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast reveals the market projections through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
• Palm oil market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global palm oil production, split by region and country;
• Global palm oil trade (exports and imports);
• Producer, export and import prices for palm oil;
• Palm oil market trends, drivers and restraints;
• Key market players and their profiles.
Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
Global palm fruit oil production amounted to 284,922 thousand tonnes in 2015, rising by +3.8% against the previous year level. Overall, the global palm fruit oil output pursued a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +5.0%. The growth pace was the most rapid in 2008, when the output figure increased by +11% from the previous year level. Over the period under review, the global palm fruit oil production attained its maximum volume of 284,922 thousand tonnes in 2011. From 2012 to 2015, the total palm fruit oil output growth failed to regain its strength.
This general positive trend was largely conditioned by a robust expansion of the harvested area and a moderate improvement of the yield figures.
The world palm fruit oil harvested area amounted to 19,228 thousand ha in 2015, which was 2.8% more than the previous year figure. The harvested area indicated a noticeable increase over the period under review, representing a compound annual growth rate of +4.1% from 2007 to 2015. This trend pattern, however, indicated some mild fluctuations over the recent years. Over the period under review, the total palm fruit oil harvested area peaked in 2015, and is likely to continue its expansion in the immediate term, following rising demand for palm fruit oil globally.
The global average palm fruit oil yield amounted to 148 thousand hg/ha in 2015, fluctuating near the previous year level. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +0.9% from 2007 to 2015. These yield figures maintained, all in all, a stable trend pattern throughout the analyzed period. The highest palm fruit oil yields were recorded in 2013, when it peaked at 148 thousand hg/ha. Afterwards, it decreased slightly and then fluctuated around these levels throughout the analyzed period.
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