India - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Groundnut Oil Price in India - 2023
Contents:
- Crude Groundnut Oil Price in India (FOB) - 2023
- Crude Groundnut Oil Price in India (CIF) - 2022
- Crude Groundnut Oil Exports in India
- Crude Groundnut Oil Imports in India
Crude Groundnut Oil Price in India (FOB) - 2023
The average crude groundnut oil export price stood at $1,833 per ton in July 2023, remaining stable against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 6.7% month-to-month. As a result, the export price attained the peak level of $2,056 per ton. From April 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In July 2023, the country with the highest price was Vietnam ($2,087 per ton), while the average price for exports to China totaled $1,823 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-0.5%).
Crude Groundnut Oil Price in India (CIF) - 2022
In 2022, the average crude groundnut oil import price amounted to $7,233 per ton, remaining stable against the previous year. Overall, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2016 an increase of 108%. The import price peaked at $11,908 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,523 per ton), while the price for France ($6,057 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Crude Groundnut Oil Exports in India
In 2022, overseas shipments of crude groundnut oil decreased by -24.7% to 74K tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 931%. As a result, the exports attained the peak of 147K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, crude groundnut oil exports dropped significantly to $147M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,230%. As a result, the exports reached the peak of $266M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Crude Groundnut Oil in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.4 | 230 | 190 | 147 | 99.9% |
| Others | 1.6 | 36.0 | 3.4 | 0.3 | -42.8% |
| Total | 20.0 | 266 | 194 | 147 | 94.4% |
Top Export Markets for Crude Groundnut Oil from India in 2022:
- China (74.2K tons)
Crude Groundnut Oil Imports in India
In 2022, crude groundnut oil imports into India rose notably to 227 kg, picking up by 11% against 2021. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 decreased by -9.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 58%. As a result, imports reached the peak of 252 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, crude groundnut oil imports amounted to $1.6K in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, imports attained the peak of $1.8K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Crude Groundnut Oil in India (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 73.0 | 830 | 13.0 | 912 | 132.0% |
| France | 234 | 827 | 7.0 | 527 | 31.1% |
| United Arab Emirates | 102 | 167 | 1.0 | 203 | 25.8% |
| China | N/A | N/A | 1,440 | N/A | 0% |
| Israel | 842 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,251 | 1,824 | 1,461 | 1,642 | 9.5% |
Top Suppliers of Crude Groundnut Oil to India in 2022:
- United States (107.0 kg)
- France (87.0 kg)
- United Arab Emirates (33.0 kg)
This report provides an in-depth analysis of the crude groundnut oil market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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 crude groundnut oil market in India.
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This report provides an in-depth analysis of the groundnut oil market in India.
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This report provides an in-depth analysis of the market for ground-nut oil and its fractions in India.
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This report provides an in-depth analysis of the refined groundnut oil market in India.
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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 India.
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This report provides an in-depth analysis of the groundnut oil market in India.
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In June 2023, the growth rate for Crude Groundnut Oil was at its highest, with a 312% increase compared to the previous month. By November 2023, the value of crude groundnut oil exports had surged to $22M.
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In June 2023, the growth of Crude Groundnut Oil was exceptional, showing a rapid surge of 312% compared to the previous month. However, in July 2023, the value of crude groundnut oil exports dramatically declined to $6.2M.
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Groundnut Oil exports saw a staggering 248% month-on-month increase in June 2023, reaching $22M in value by November 2023.
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In October 2022, the refined groundnut oil price stood at $3,080 per ton (FOB, India), surging by 13% against the previous month.
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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.
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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.
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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
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In June 2023, the growth rate for Crude Groundnut Oil was at its highest, with a 312% increase compared to the previous month. By November 2023, the value of crude groundnut oil exports had surged to $22M.
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In June 2023, the growth of Crude Groundnut Oil was exceptional, showing a rapid surge of 312% compared to the previous month. However, in July 2023, the value of crude groundnut oil exports dramatically declined to $6.2M.
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Groundnut Oil exports saw a staggering 248% month-on-month increase in June 2023, reaching $22M in value by November 2023.
