Iran - Refined Groundnut Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Groundnut Oil Price in Iran - 2022
Contents:
- Refined Groundnut Oil Price in Iran (CIF) - 2022
- Refined Groundnut Oil Price in Iran (FOB) - 2022
- Refined Groundnut Oil Imports in Iran
- Refined Groundnut Oil Exports in Iran
Refined Groundnut Oil Price in Iran (CIF) - 2022
In 2022, the average refined groundnut oil import price amounted to $1,926 per ton, remaining relatively unchanged against the previous year. In general, the import price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 17% against the previous year. As a result, import price reached the peak level of $4,822 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($3,449 per ton), while the price for the United Arab Emirates ($1,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-3.9%), while the prices for the other major suppliers experienced a decline.
Refined Groundnut Oil Price in Iran (FOB) - 2022
The average refined groundnut oil export price stood at $1,083 per ton in 2021, reducing by -12.8% against the previous year. Overall, the export price saw a deep slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 33% against the previous year. The export price peaked at $5,273 per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Azerbaijan ($1,318 per ton), while the average price for exports to Kuwait amounted to $700 per ton.
From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+22.9%), while the prices for the other major destinations experienced a decline.
Refined Groundnut Oil Imports in Iran
For the fourth consecutive year, Iran recorded growth in overseas purchases of refined groundnut oil, which increased by 0.5% to 20 tons in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 29% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, refined groundnut oil imports amounted to $38K in 2022. Over the period under review, imports, however, faced a deep slump.
| Import of Refined Groundnut Oil in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.7 | 34.1 | 22.2 | 23.2 | -5.7% |
| United Arab Emirates | 0.6 | 9.9 | 12.1 | 12.4 | 174.4% |
| Turkey | 0.3 | N/A | 1.1 | 1.1 | 54.2% |
| Bulgaria | 12.1 | N/A | N/A | N/A | 0% |
| Azerbaijan | N/A | N/A | 1.2 | N/A | 0% |
| Others | 12.7 | 1.3 | 0.9 | 1.0 | -57.1% |
| Total | 53.3 | 45.4 | 37.4 | 37.6 | -11.0% |
Top Suppliers of Refined Groundnut Oil to Iran in 2022:
- United Arab Emirates (10.2 tons)
- Germany (8.9 tons)
- Turkey (0.3 tons)
Refined Groundnut Oil Exports in Iran
For the third consecutive year, Iran recorded growth in shipments abroad of refined groundnut oil, which increased by 83% to 11 tons in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 504%. The exports peaked in 2021 and are expected to retain growth in years to come.
In value terms, refined groundnut oil exports skyrocketed to $12K in 2021. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 150% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.
| Export of Refined Groundnut Oil in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Azerbaijan | N/A | N/A | 8.8 | 0% | |
| Kuwait | N/A | N/A | 2.9 | 0% | |
| New Zealand | N/A | 7.3 | N/A | 0% | |
| Afghanistan | 2.9 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.9 | 7.3 | 11.6 | 100.0% | |
Top Export Markets for Refined Groundnut Oil from Iran in 2022:
- Azerbaijan (6.7 tons)
- Kuwait (4.1 tons)
This report provides an in-depth analysis of the refined groundnut oil market in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10415200 - Refined groundnut oil and its fractions (excluding chemically modified)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Iran
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the refined groundnut oil market in Iran.
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This report provides an in-depth analysis of the groundnut oil market in Iran.
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This report provides an in-depth analysis of the crude groundnut oil market in Iran.
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This report provides an in-depth analysis of the global refined groundnut oil market.
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This report provides an in-depth analysis of the global groundnut oil market.
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Global Market for Ground-Nut Oil And Its Fractions. This report provides an in-depth analysis of the global market for ground-nut oil and its fractions.
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This report provides an in-depth analysis of the global crude groundnut oil market.
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This report provides an in-depth analysis of the refined groundnut oil market in Iran.
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This report provides an in-depth analysis of the groundnut oil market in Iran.
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This report provides an in-depth analysis of the crude groundnut oil market in Iran.
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Global groundnut oil imports reached $671M in 2020. In physical terms, global imports spiked by +15% y-o-y to 444K tons in 2020, mainly due to rising demand from China. China represents the world’s largest importer of groundnut oil, with a 61%-share of global import volume. In 2020, China’s groundnut oil imports jumped from $225M to $433M. Brazil and Argentina remain the key exporters of groundnut oil.
1707
In 2015, the countries with the highest levels of ground-nut oil production were China (X thousand tons), India (X thousand tons), Nigeria (X thousand tons), together accounting for X% of total output.
2328
Argentina dominates in the global ground-nut oil trade. In 2014, Argentina exported X thousand tons of ground-nut oil totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total grou
1013
Global groundnut oil imports reached $671M in 2020. In physical terms, global imports spiked by +15% y-o-y to 444K tons in 2020, mainly due to rising demand from China. China represents the world’s largest importer of groundnut oil, with a 61%-share of global import volume. In 2020, China’s groundnut oil imports jumped from $225M to $433M. Brazil and Argentina remain the key exporters of groundnut oil.
1707
In 2015, the countries with the highest levels of ground-nut oil production were China (X thousand tons), India (X thousand tons), Nigeria (X thousand tons), together accounting for X% of total output.
2328
Argentina dominates in the global ground-nut oil trade. In 2014, Argentina exported X thousand tons of ground-nut oil totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total grou
