World - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights
Groundnut Oil Market - Argentina’s Ground-Nut Oil Exports Surged 33% in 2014
Argentina dominates in the global ground-nut oil trade. In 2014, Argentina exported X thousand tonnes of ground-nut oil totaling X million USD, X% over the previous year. Its primary trading partner on the global groundnut oil market was China, where it supplied X% of its total ground-nut oil exports in value terms, accounting for X% of China's total imports.
Overall, the global ground-nut oil trade reached X million USD, with a CAGR of X% from 2007 to 2014. In physical terms, it grew from X thousand tonnes in 2007 to X thousand tonnes in 2014.
In 2014, China (X%), Italy (X%), Belgium (X%), France (X%) and the U.S. (X%) were the leading destinations of ground-nut oil imports, together making up X% of global imports. The share of China increased significantly (+X percentage points), while the share of France illustrated negative dynamics (-X percentage points).
Brazil and Senegal were among the other main global suppliers of ground-nut oil in 2014 with a combined share of X% of global exports. However, the fastest growing exporters from 2007 to 2014 were Brazil (+X% per year) and the Netherlands (+X% per year). Brazil significantly strengthened its position in the global export structure, from X% in 2007 to X% in 2014.
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