Meal, Palm Kernel

2013/2014

2014/2015

2015/2016

Market Begin Year

Jan 2014

Jan 2015

Jan 2016

European Union

USDA Official

New post

USDA Official

New post

USDA Official

New post

Crush

2

0

0

0

0

0

Beginning Stocks

0

0

0

0

0

0

Production

1

0

0

0

0

0

MY Imports

2,267

2,267

2,400

2,100

0

2,100

MY Imp. from U.S.

0

0

0

0

0

0

Total Supply

2,268

2,267

2,400

2,100

0

2,100

MY Exports

0

0

0

0

0

0

Industrial Dom. Cons.

518

500

550

500

0

500

Food Use Dom. Cons.

0

0

0

0

0

0

Feed Waste Dom. Cons.

1,750

1,767

1,850

1,600

0

1,600

Total Dom. Cons.

2,268

2,267

2,400

2,100

0

2,100

Ending Stocks

0

0

0

0

0

0

Total Distribution

2,268

2,267

2,400

2,100

0

2,100

1000 MT

Oil, Palm Kernel

2013/2014

2014/2015

2015/2016

Market Begin Year

Jan 2014

Jan 2015

Jan 2016

European Union

USDA Official

New post

USDA Official

New post

USDA Official

New post

Crush

2

0

0

0

0

0

Beginning Stocks

94

94

73

80

0

65

Production

1

7

0

7

0

7

MY Imports

601

601

600

580

0

580

MY Imp. from U.S.

0

0

0

0

0

0

Total Supply

696

702

673

667

0

652

MY Exports

10

10

10

10

0

10

Industrial Dom. Cons.

205

200

205

180

0

180

Food Use Dom. Cons.

390

400

390

400

0

400

Feed Waste Dom. Cons.

18

12

18

12

0

12

Total Dom. Cons.

613

612

613

592

0

592

Ending Stocks

73

80

50

65

0

50

Total Distribution

696

702

673

667

0

652

1000 MT

In 2015 and 2016, EU palm kernel meal use for feed is expected to decline slightly to 1.6 MMT from 1.75 MMT in 2014. This reduction is a result of the increasing demand in Asia and Oceania in combination with the higher supply of other feed ingredients, mainly soybean derivatives. About half of the palm kernel meal is used in the Benelux countries, predominantly as an ingredient in cattle feed. During the past five years, the use in cattle feed has been about twenty-five percent. Germany, the UK and Ireland also use palm kernel meal in livestock feed. The import and use of palm kernel oil declined by about fifteen percent in 2014, and is not expected to recover due to limited exportable supplies in Asia.