Netherlands - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Netherlands - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights

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Groundnut Oil Price in the Netherlands - 2023

Contents:

  1. Groundnut Oil Price in the Netherlands (CIF) - 2022
  2. Groundnut Oil Price in the Netherlands (FOB) - 2022
  3. Groundnut Oil Imports in the Netherlands
  4. Groundnut Oil Exports in the Netherlands

Groundnut Oil Price in the Netherlands (CIF) - 2022

In 2022, the average groundnut oil import price amounted to $2,221 per ton, surging by 4.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 29%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($2,718 per ton) and Belgium ($2,661 per ton), while the price for Argentina ($2,073 per ton) and Nicaragua ($2,128 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Groundnut Oil Price in the Netherlands (FOB) - 2022

In 2022, the average groundnut oil export price amounted to $2,964 per ton, growing by 5.4% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, groundnut oil export price increased by +42.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 35% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Luxembourg ($3,731 per ton) and Switzerland ($3,547 per ton), while the average price for exports to the UK ($2,738 per ton) and Belgium ($2,798 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Groundnut Oil Imports in the Netherlands

In 2022, approx. 18K tons of groundnut oil were imported into the Netherlands; surging by 22% on the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 26%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, groundnut oil imports soared to $40M in 2022. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 54%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Groundnut Oil in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina7.112.621.121.544.7%
Nicaragua3.00.30.65.119.3%
France3.12.12.74.513.2%
Belgium3.93.24.24.33.3%
Italy0.50.61.72.468.7%
BrazilN/A0.20.11.1134.5%
Others1.31.20.50.6-22.7%
Total18.920.130.939.628.0%

Top Suppliers of Groundnut Oil to the Netherlands in 2022:

  1. Argentina (10.4K tons)
  2. Nicaragua (2.4K tons)
  3. France (1.7K tons)
  4. Belgium (1.6K tons)
  5. Italy (1.0K tons)
  6. Brazil (0.5K tons)

Groundnut Oil Exports in the Netherlands

In 2022, exports of groundnut oil from the Netherlands expanded modestly to 2.1K tons, growing by 4.1% against 2021. Over the period under review, exports, however, faced a sharp descent.

In value terms, groundnut oil exports rose notably to $6.3M in 2022. In general, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 38% against the previous year.

Export of Groundnut Oil in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2,0112,2472,9113,37018.8%
Germany8798331,2771,66023.6%
Belgium4172643885378.8%
Luxembourg52.132.899.916948.0%
United Kingdom4,8831340.6155-68.3%
China321359559119-28.2%
France3705.054.511.3-68.7%
Italy4151421603.0-80.7%
Others677129263249-28.4%
Total10,0244,1455,7146,273-14.5%

Top Export Markets for Groundnut Oil from the Netherlands in 2022:

  1. Norway (1141.2 tons)
  2. Germany (564.3 tons)
  3. Belgium (192.0 tons)
  4. United Kingdom (56.5 tons)
  5. Luxembourg (45.2 tons)
  6. China (37.3 tons)
  7. France (4.3 tons)
  8. Italy (1.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the groundnut oil market in the Netherlands. 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:

  • Netherlands

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Netherlands
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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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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