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  • What is palm kernel expeller?
  • Palm kernel expeller is a by-product of the crushing and expelling of oil from palm kernel. Known for its balanced energy and protein, high fibre, good level of residual oil and high palmitic acid, it is widely used in compound feeds for adult ruminant livestock such as dairy cow, beef cow and sheep.
  • Which countries export palm kernel oil?
  • Trade in Palm kernel or babassu oil, crude represent 0.0063% of total world trade. Palm kernel or babassu oil, crude are a part of Coconut Oil. Exports In 2022 the top exporters of Palm kernel or babassu oil, crude were Malaysia ($516M), Thailand ($181M), Colombia ($126M), Indonesia ($125M), and Papua New Guinea ($121M).
  • Why did the European palm kernel oil market surge in Q3 2024?
  • In Q3 2024, the European Palm Kernel oil market witnessed a significant upward trend in prices, driven by a complex interplay of global and regional factors. High global demand, supply constraints, and macroeconomic fluctuations all contributed to the price surge.
  • Why does palm kernel expeller have a low moisture content?
  • Almost untraceable aflatoxin can be contributed to low moisture content as a result of proper handling and storage conditions employed by the crusher. These are among the key elements of palm kernel expeller which makes it a crucial source of animal feed. NEXT: What is RBD palm oil?
  • How has the palm kernel oil export trajectory changed?
  • The export trajectory for Palm Kernel Oil was improved slightly with traders actively focused on clearing their already stocked up inventories first. As a result, when compared to the previous quarter of the same year, the market demonstrated a 2% rise.
  • What is the global palm kernel oil market size?
  • Stay ahead with the latest trends and market analysis. The global palm kernel oil market size attained a value of 15.8 billion in 2023. The market is expected to grow at a CAGR of 4.3% between 2024 and 2032, reaching almost 23.1 billion by 2032. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF