Palm Kernel Oil Market Analysis, Historical Chart | Provided by Procurement Resource

Report FeaturesDetails
Product NamePalm Kernel Oil
Industrial UsesCosmetics, Food products, Solvents, Intermediates, Other
Region/Countries CoveredAsia Pacific: China , India, Indonesia, Pakistan,  Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand,  South Korea, Iraq, Saudi Arabia, Malaysia, Nepal,  Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore,  Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden,  Belgium, Austria, Ireland Switzerland , Norway,  Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia,  Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Post-Sale Analyst Support360-degree analyst support after report delivery

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Palm kernel oil is derived from the kernel of the oil palm tree Elaeis guineensis and is an edible plant oil. On the basis of properties and composition, palm kernel oil differs from palm oil. It is semi-solid at room temperature and is more saturated as compared to palm oil and coconut oil. Because of its long shelf life and neutral flavour, palm kernel oil is used to substitute cocoa and fats in other foods.

Indonesia, Malaysia, Thailand, and Nigeria are the leading manufacturers of palm kernel oil.

Key Details About the Palm Kernel Oil Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the palm kernel oil price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The palm kernel oil price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Palm Kernel Oil Price Trend:

Price Trend Image

The industrial uses that affect the price trend of palm kernel oil are the manufacturing of butter substitutes, margarine, and cocoa, and is employed in the production of ice creams. Palm kernel oil also finds its application in detergents and cosmetics.

Key Market Players:

• Cargill, Incorporated
• Wilmar International Ltd
• BASF SE
• Bunge Loders Croklaan (Bunge Limited)
• Natures Natural India
• IOI Corporation Berha

News and Events:

  • September 16, 2022: The imports from Malaysia comprised 306.376 tonnes of crude palm oil (CPO), 7.700 tonnes of crude palm kernel oil (SEA), 39.480 tonnes of RBD palm olein, and 7.700 tonnes of crude palm kernel oil (SEA), according to a report released by the Solvent Extractors’ Association of India.

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