Market research

Palm-kernel oilcake market in Oceania

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Oceania" region includes following countries:

Australia

Christmas Island

Cocos (Keeling) Islands

Heard Island and McDonald Islands

New Zealand

Norfolk Island

Solomon Islands

Fiji

New Caledonia

Vanuatu

Papua New Guinea

Kiribati

Guam

Nauru

Northern Mariana Islands

United States Minor Outlying Islands

Micronesia

Marshall Islands

Palau

American Samoa

Cook Islands

French Polynesia

Niue

Pitcairn Islands

Tokelau

Tonga

Tuvalu

Wallis and Futuna Islands

Samoa

Earlier Report Observations

From 2018 to 2019, the palm-kernel oilcake market in Oceania remained stable at around 2.1 million tons, supported by consistent imports. During this period, regulatory developments in Australia, including stricter labeling requirements and growing consumer preference for certified sustainable palm oil, began shaping market conditions without immediately affecting total volume.

The market experienced a slight dip to 2.1 million tons in 2020, largely due to COVID-19 pandemic disruptions that created uncertainty in global supply chains. A more pronounced contraction followed in 2021, with volume falling to 1.9 million tons, coinciding with changes in import policies that favored RSPO-certified sustainable palm oil and increased pressure from consumers and organizations for sustainability credentials, which likely constrained imports of non-certified material.

In 2022, the market rebounded to 2.1 million tons as supply chains adapted to the new regulatory environment and demand for sustainable palm-kernel oilcake, used in animal feed, remained firm. However, volume declined again to 1.9 million tons in 2023, reflecting ongoing adjustments and the persistent influence of sustainability standards on import flows.

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. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Oceania
  1. 5.1.1. Annual dynamics of production in Oceania in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, 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, 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. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ 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 Oceania

In kind, 2017-2020, 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, Oceania produced 81 194 tonnes of palm-kernel oilcake, which was the lowest level during this period. Production then increased by 5.5% in 2020 to reach 85 692 tonnes. The highest production was recorded earlier in 2018 at 86 720 tonnes, with the most significant decline occurring in 2019 when output fell by 6.4%.

Annual dynamics of production in Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.0%	(6.4%)	5.5%	0.3%

Source: SHEV.io

Exports palm-kernel oilcake from Oceania

Exports in kind, K t

The export market for palm-kernel oilcake from Oceania showed considerable volatility between 2018 and 2020. In 2018, exports peaked at 12 000 tonnes, but then plummeted by 98.0% in 2019 to just 200 tonnes. The following year saw a partial recovery, with exports rising by 39.7% to reach 300 tonnes in 2020. Overall, export volumes varied dramatically, with a 49-fold difference between the high in 2018 and the low in 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	34.2%	(98.0%)	39.7%	(66.3%)

Source: SHEV.io

Between 2017 and 2020, China was the primary destination for palm-kernel oilcake exports from Oceania, accounting for 0.9% of total export volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

Export values showed significant fluctuations during this period. In 2018, exports reached their highest point at 2.0 million US dollars, but then declined sharply by 84.9% in 2019. The downward trend continued into 2020, when export values fell by 78.5% year-over-year to just 0.1 million US dollars. This created a 31-fold difference between the peak in 2018 and the trough in 2020. The most notable increase occurred in 2018, when export values grew by 63.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	63.3%	(84.9%)	(78.5%)	(62.4%)

Source: SHEV.io

From 2017 to 2020, China remained the leading market for palm-kernel oilcake exports from Oceania in value terms, representing 8.7% of total export revenue.

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

Source: SHEV.io

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

Source: SHEV.io

Imports palm-kernel oilcake to Oceania

Imports in kind, K t

Oceania's imports of palm-kernel oilcake declined for three consecutive years from 2017 to 2020. Over this four-year period, import volumes decreased by 10%, equivalent to an average annual decline of 3.5%. In 2020, imports stood at 2 018 000 tonnes, which was 1.1% lower than the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.7%)	(0.3%)	(1.1%)	(3.5%)

Source: SHEV.io

Between 2017 and 2020, Indonesia and Malaysia together supplied 99.3% of Oceania's palm-kernel oilcake imports by volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

Oceania's import spending on palm-kernel oilcake showed mixed trends between 2017 and 2020. The most significant decline occurred in 2019, when import values fell by 12.0%. However, 2018 saw the largest increase at 22.3%. Overall, import values grew by 27.8% over the four-year period, representing an average annual growth rate of 8.5%. In 2020, imports reached 334.3 million US dollars, marking an 18.6% increase compared to 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	22.3%	(12.0%)	18.6%	8.5%

Source: SHEV.io

Throughout the 2017-2020 period, Indonesia and Malaysia dominated Oceania's palm-kernel oilcake imports in value terms, together accounting for 99.3% of total import expenditure.

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

Source: SHEV.io

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

Source: SHEV.io