Germany - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Groundnut Oil Price in Germany - 2023
Contents:
- Crude Groundnut Oil Price in Germany (CIF) - 2023
- Crude Groundnut Oil Price in Germany (FOB) - 2022
- Crude Groundnut Oil Imports in Germany
- Crude Groundnut Oil Exports in Germany
Crude Groundnut Oil Price in Germany (CIF) - 2023
The average crude groundnut oil import price stood at $6,020 per ton in July 2023, increasing by 35% against the previous month. Overall, import price indicated measured growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, crude groundnut oil import price increased by +18.4% against April 2023 indices. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 39% month-to-month. Over the period under review, average import prices attained the maximum in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($9,614 per ton), while the price for the United States stood at $4,183 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Crude Groundnut Oil Price in Germany (FOB) - 2022
In 2022, the average crude groundnut oil export price amounted to $8,221 per ton, shrinking by -2.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 171%. Over the period under review, the average export prices hit record highs at $8,403 per ton in 2021, and then declined slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($19,629 per ton), while the average price for exports to the Netherlands ($2,793 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Groundnut Oil Imports in Germany
In 2022, approx. 460 tons of crude groundnut oil were imported into Germany; shrinking by -22.4% compared with 2021 figures. Overall, imports recorded a precipitous decline.
In value terms, crude groundnut oil imports totaled $1.7M in 2022. In general, imports showed a significant curtailment.
| Import of Crude Groundnut Oil in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 618 | 1,995 | 1,098 | 1,277 | 27.4% |
| France | 116 | 238 | 312 | 183 | 16.4% |
| Austria | 126 | 68.3 | 105 | 89.7 | -10.7% |
| Belgium | 79.7 | 7.9 | 36.2 | 78.2 | -0.6% |
| Argentina | 2,527 | 246 | N/A | N/A | -90.3% |
| Others | 82.9 | 69.0 | 66.3 | 40.9 | -21.0% |
| Total | 3,549 | 2,624 | 1,617 | 1,669 | -22.2% |
Top Suppliers of Crude Groundnut Oil to Germany in 2022:
- United States (345.0 tons)
- France (65.1 tons)
- Belgium (20.9 tons)
- Austria (16.1 tons)
Crude Groundnut Oil Exports in Germany
Crude groundnut oil exports from Germany was estimated at 98 tons in 2022, growing by 1.6% against the previous year's figure. In general, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, crude groundnut oil exports reduced to $802K in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 124%. As a result, the exports attained the peak of $807K, leveling off in the following year.
| Export of Crude Groundnut Oil in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 485 | 456 | -6.0% |
| Austria | 194 | 67.7 | 62.0 | 124 | -13.9% |
| Switzerland | 21.7 | 47.9 | 158 | 53.7 | 35.3% |
| Netherlands | 35.7 | 3.7 | 4.1 | 47.1 | 9.7% |
| Finland | 5.3 | 32.5 | 23.9 | 26.6 | 71.2% |
| Spain | 27.4 | 0.9 | 0.5 | 17.1 | -14.5% |
| Latvia | 11.8 | 16.7 | 17.0 | 14.7 | 7.6% |
| Portugal | 18.2 | 1.9 | 2.5 | 12.9 | -10.8% |
| Poland | 35.4 | 8.0 | 17.2 | 7.9 | -39.3% |
| United Kingdom | 6.6 | 111 | N/A | N/A | 1581.8% |
| Others | 81.8 | 70.4 | 37.0 | 42.2 | -19.8% |
| Total | 438 | 360 | 807 | 802 | 22.3% |
Top Export Markets for Crude Groundnut Oil from Germany in 2022:
- United States (40.5 tons)
- Netherlands (16.9 tons)
- Switzerland (15.9 tons)
- Austria (6.3 tons)
- Finland (5.4 tons)
- Spain (3.0 tons)
- Portugal (1.9 tons)
- Latvia (1.9 tons)
- Poland (1.5 tons)
This report provides an in-depth analysis of the crude groundnut oil market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
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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 crude groundnut oil market in Germany.
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This report provides an in-depth analysis of the groundnut oil market in Germany.
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This report provides an in-depth analysis of the market for ground-nut oil and its fractions in Germany.
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This report provides an in-depth analysis of the refined groundnut oil market in Germany.
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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 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 refined groundnut oil market.
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This report provides an in-depth analysis of the crude groundnut oil market in Germany.
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This report provides an in-depth analysis of the groundnut oil market in Germany.
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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.
1672
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.
2298
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
962
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.
1672
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.
2298
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
