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World - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Crude Groundnut Oil Market 2024
Crude Groundnut Oil Market Size
The global crude groundnut oil market fell to $X in 2023, shrinking by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the global market remained at a somewhat lower figure.
Crude Groundnut Oil Production
In value terms, crude groundnut oil production contracted notably to $X in 2023 estimated in export price. In general, production, however, saw a mild slump. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2023, global production growth remained at a somewhat lower figure.
Crude Groundnut Oil Exports
Exports
In 2023, global exports of crude groundnut oil was estimated at X tons, flattening at the year before. In general, exports continue to indicate a measured expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the global exports remained at a lower figure.
In value terms, crude groundnut oil exports amounted to $X in 2023. Overall, exports saw a pronounced expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the global exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
Exports by Country
India (X tons) and Brazil (X tons) were the largest exporters of crude groundnut oil in 2023, recording near X% and X% of total exports, respectively. Argentina (X tons) ranks next in terms of the total exports with a X% share, followed by Nicaragua (X%) and Sudan (X%). The following exporters - Senegal (X tons) and the Netherlands (X tons) - each accounted for a X% share of total exports.
From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.
In value terms, the largest crude groundnut oil supplying countries worldwide were India ($X), Brazil ($X) and Argentina ($X), with a combined X% share of global exports. Nicaragua, Sudan, Senegal and the Netherlands lagged somewhat behind, together comprising a further X%.
The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices by Country
The average crude groundnut oil export price stood at $X per ton in 2023, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a mild slump. The pace of growth appeared the most rapid in 2022 when the average export price increased by X%. The global export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.
Average prices varied noticeably amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Senegal ($X per ton) and Sudan ($X per ton), while Argentina ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced a decline in the export price figures.
Crude Groundnut Oil Imports
Imports
In 2023, overseas purchases of crude groundnut oil decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Global imports peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.
In value terms, crude groundnut oil imports fell slightly to $X in 2023. Over the period under review, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, global imports reached the peak figure at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.
Imports by Country
China prevails in imports structure, amounting to X tons, which was near X% of total imports in 2023. Italy (X tons) took the second position in the ranking, followed by the United States (X tons). All these countries together held near X% share of total imports. The following importers - the Netherlands (X tons), Belgium (X tons) and France (X tons) - together made up X% of total imports.
From 2012 to 2023, average annual rates of growth with regard to crude groundnut oil imports into China stood at X%. At the same time, the Netherlands (X%) and the United States (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Italy experienced a relatively flat trend pattern. By contrast, Belgium (X%) and France (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of Belgium (X p.p.), Italy (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) constitutes the largest market for imported crude groundnut oil worldwide, comprising X% of global imports. The second position in the ranking was taken by Italy ($X), with a X% share of global imports. It was followed by the United States, with a X% share.
From 2012 to 2023, the average annual growth rate of value in China totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Italy (X% per year) and the United States (X% per year).
Import Prices by Country
The average crude groundnut oil import price stood at $X per ton in 2023, growing by X% against the previous year. In general, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major importing countries. In 2023, major importing countries recorded the following prices: in the Netherlands ($X per ton) and France ($X per ton), while Belgium ($X per ton) and China ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other global leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the global crude groundnut oil market. 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:
- FCL 244 - Oil of Groundnuts
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- 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
-
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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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