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

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

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Groundnut Oil Price in Ukraine - 2023

Contents:

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

Groundnut Oil Price in Ukraine (CIF) - 2022

The average groundnut oil import price stood at $5,377 per ton in 2022, surging by 55% against the previous year. Over the period under review, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 97% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($30,347 per ton), while the price for India ($2,927 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+46.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Groundnut Oil Price in Ukraine (FOB) - 2022

The average groundnut oil export price stood at $1,819 per ton in 2022, reducing by -8.2% against the previous year. In general, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 109% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,540 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($19,142 per ton), while the average price for exports to Togo totaled $979 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+5.1%), while the prices for the other major destinations experienced a decline.

Groundnut Oil Imports in Ukraine

In 2022, purchases abroad of groundnut oil decreased by -34.3% to 2.8 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a mild decline. The most prominent rate of growth was recorded in 2020 with an increase of 290%. As a result, imports attained the peak of 11 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, groundnut oil imports expanded to $15K in 2022. In general, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 229%. As a result, imports reached the peak of $39K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Groundnut Oil in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.08.12.18.843.1%
United States1.92.70.75.945.9%
IndiaN/AN/AN/A0.20%
Spain4.824.88.8N/A35.4%
Israel1.93.20.6N/A-43.8%
Others0.20.32.60.1-20.6%
Total11.939.214.715.08.0%

Top Suppliers of Groundnut Oil to Ukraine in 2022:

  1. Italy (2528.0 kg)
  2. United States (193.0 kg)
  3. India (55.0 kg)

Groundnut Oil Exports in Ukraine

In 2022, approx. 4.9 tons of groundnut oil were exported from Ukraine; with a decrease of -16.7% against 2021. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 138% against the previous year.

In value terms, groundnut oil exports reduced remarkably to $8.9K in 2022. Overall, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year.

Export of Groundnut Oil in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Togo1.00.24.54.565.1%
United States1.7N/A0.14.235.2%
Russia17.80.30.3N/A-87.0%
Qatar18.26.35.4N/A-45.5%
Others2.20.11.30.1-64.3%
Total41.07.011.68.9-39.9%

Top Export Markets for Groundnut Oil from Ukraine in 2022:

  1. Togo (4.6 tons)
  2. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform

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

  • Ukraine

Data coverage:

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