Market research

Palm-kernel oilcake market in Americas

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Americas" region includes following countries:

Bermuda

Canada

Greenland

Saint Pierre and Miquelon

the United States

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The market volume for palm-kernel oilcake in the Americas fluctuated between 2018 and 2021, starting at 615.5 тыс. т before dipping to 576.1 тыс. т in 2019. It then recovered to 620.1 тыс. т in 2020 and reached 627.8 тыс. т in 2021, showing gradual stabilization after the initial decline.

A more pronounced expansion occurred from 2022 onward, with the market volume rising to 660.3 тыс. т in 2022, supported by steady global demand from oleochemical, food, and personal care industries that increased consumption. Regional dynamics were also evident, as Jalisco in Mexico emerged as a leading hub for international sales of oilcake residues. In 2023, the market grew further to 678.6 тыс. т, reflecting sustained momentum. Factors highlighted for 2024, such as the growing incorporation of palm-kernel oilcake into animal feed due to its nutritional benefits and a consumer shift toward sustainable certified products, underscore ongoing drivers that have shaped recent market trends.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Americas
  1. 5.1.1. Annual dynamics of production in Americas in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production palm-kernel oilcake in Americas

In kind, 2017-2020, K t

Top producers of palm-kernel oilcake, 2017-2020

Source: SHEV.io

World map of production of palm-kernel oilcake, 2017-2020

Source: SHEV.io

In 2019, palm-kernel oilcake production in the Americas reached its lowest point at 546.8 thousand tonnes, marking an 8.4% decline from the previous year. Production then rebounded in 2020 to 581.2 thousand tonnes, showing a moderate 6.3% increase year-over-year. The peak production level was recorded earlier in 2018 at 596.6 thousand tonnes.

Annual dynamics of production in Americas in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.3%	(8.4%)	6.3%	0.2%

Source: SHEV.io

In value, 2017-2020, M $ US

In 2019, the value of palm-kernel oilcake production in the Americas saw a slight decline of 1.6%. However, by 2020, output had recovered to 109.1 million US dollars, up 1.4% from the previous year. The highest value was achieved in 2018 at 109.3 million US dollars, which represented a substantial 26.9% increase. Overall, from 2017 to 2020, production value grew by 26.6%, averaging an 8.2% annual growth rate.

Annual dynamics of production in Americas in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	26.9%	(1.6%)	1.4%	8.2%

Source: SHEV.io

Exports palm-kernel oilcake from Americas

Exports in kind, t

Exports of palm-kernel oilcake from the Americas have been rising for three consecutive years. In 2020, shipments reached 18 744 tonnes, reflecting a moderate 4.8% increase compared to 2019. Over the period from 2017 to 2020, exports expanded by 20.5%, which translates to an average annual growth rate of 6.4%.

Annual dynamics of product's exports from Americas in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	12.9%	1.8%	4.8%	6.4%

Source: SHEV.io

From 2017 to 2020, the United Kingdom was the leading destination for palm-kernel oilcake exports from the Americas in terms of volume, accounting for 8.2% of total shipments.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Americas in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

In 2020, the value of palm-kernel oilcake exports from the Americas stood at 3 517 thousand US dollars, showing no significant change from 2019. The peak export value was recorded in 2019 at the same 3 517 thousand US dollars, following a notable 38.6% increase in 2018. Between 2017 and 2020, export value grew by 51.6%, with an average annual rate of 14.9%.

Annual dynamics of product's exports from Americas in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	38.6%	9.4%	(0.0%)	14.9%

Source: SHEV.io

During 2017–2020, the United Kingdom and Spain were the top destinations for palm-kernel oilcake exports from the Americas in value terms, together making up 27.2% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Americas in value, 2017-2020

Source: SHEV.io

Imports palm-kernel oilcake to Americas

Imports in kind, t

Imports of palm-kernel oilcake into the Americas have increased for two years in a row. In 2020, imports reached 57 630 tonnes, up by a robust 22.1% from the previous year. However, imports hit their lowest point in 2018 at 36 423 tonnes, which was a sharp 49.0% decline. They then rebounded in 2019 with a 29.6% increase. Overall, from 2017 to 2020, imports decreased by 19.3%, averaging a 6.9% annual decline.

Annual dynamics of product's imports to Americas in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(49.0%)	29.6%	22.1%	(6.9%)

Source: SHEV.io

From 2017 to 2020, Free Zones were the central source for palm-kernel oilcake imports into the Americas in volume terms, representing 6.8% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Americas in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After two years of decline, palm-kernel oilcake imports into the Americas saw an upturn. In 2020, import value rose to 8 087 thousand US dollars, a 14.7% increase from 2019. The lowest value was recorded in 2019 at 7 048 thousand US dollars, following a 16.1% drop in 2018. Over the 2017–2020 period, import value decreased by 8.5%, with an average annual decline of 2.9%.

Annual dynamics of product's imports to Americas in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(16.1%)	(4.9%)	14.7%	(2.9%)

Source: SHEV.io

In 2017–2020, Free Zones held the leading position as the source for palm-kernel oilcake imports into the Americas in value terms, accounting for 7.2% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Americas in value, 2017-2020

Source: SHEV.io