Latest Report Update: Apr 10, 2021

Asia - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Asia: Crude Groundnut Oil Market Overview 2021

Crude Groundnut Oil Market Size in Asia

In 2019, after two years of growth, there was decline in the Asian crude groundnut oil market, when its value decreased by -X% to $X. In general, consumption, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. The level of consumption peaked at $X in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.

Crude Groundnut Oil Production in Asia

In value terms, crude groundnut oil production shrank sharply to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2019, production remained at a lower figure.

Production By Country in Asia

The country with the largest volume of crude groundnut oil production was India (X tonnes), comprising approx. X% of total volume. Moreover, crude groundnut oil production in India exceeded the figures recorded by the second-largest producer, Iraq (X tonnes), fourfold.

From 2007 to 2019, the average annual rate of growth in terms of volume in India totaled +X%. In the other countries, the average annual rates were as follows: Iraq (+X% per year) and Kuwait (+X% per year).

Crude Groundnut Oil Exports

Exports in Asia

Crude groundnut oil exports dropped to X tonnes in 2019, waning by -X% on 2018. In general, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes, and then declined in the following year.

In value terms, crude groundnut oil exports contracted to $X in 2019. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. The level of export peaked at $X in 2018, and then dropped in the following year.

Exports by Country

In 2019, India (X tonnes) was the key exporter of crude groundnut oil, mixing up X% of total exports. It was distantly followed by Iraq (X tonnes), committing an X% share of total exports. China (X tonnes) and Hong Kong SAR (X tonnes) occupied a minor share of total exports.

Exports from India increased at an average annual rate of +X% from 2007 to 2019. At the same time, Iraq (+X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2019. By contrast, China (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.) and Iraq (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of China (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest crude groundnut oil supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Iraq ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in India stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Iraq (+X% per year) and Hong Kong SAR (-X% per year).

Export Prices by Country

The crude groundnut oil export price in Asia stood at $X per tonne in 2019, increasing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Hong Kong SAR ($X per tonne), while Iraq ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Crude Groundnut Oil Imports

Imports in Asia

After two years of growth, purchases abroad of crude groundnut oil decreased by -X% to X tonnes in 2019. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2018, and then fell in the following year.

In value terms, crude groundnut oil imports fell to $X in 2019. Overall, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. The level of import peaked at $X in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

Imports by Country

China dominates crude groundnut oil imports structure, amounting to X tonnes, which was near X% of total imports in 2019. Hong Kong SAR (X tonnes) and Singapore (X tonnes) followed a long way behind the leaders.

China was also the fastest-growing in terms of the crude groundnut oil imports, with a CAGR of +X% from 2007 to 2019. At the same time, Singapore (+X%) displayed positive paces of growth. By contrast, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of China increased by +X% percentage points, while Singapore (-X p.p.) and Hong Kong SAR (-X p.p.) saw their share reduced.

In value terms, China ($X) constitutes the largest market for imported crude groundnut oil in Asia, comprising X% of total imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value in China stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and Hong Kong SAR (-X% per year).

Import Prices by Country

In 2019, the crude groundnut oil import price in Asia amounted to $X per tonne, flattening at the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Singapore ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude groundnut oil in Asia?
+
China (128K tonnes) remains the largest crude groundnut oil consuming country in Asia, comprising approx. 92% of total volume. It was followed by Hong Kong SAR (3.8K tonnes), with a 2.7% share of total consumption.
What are the largest producers of crude groundnut oil in Asia?
+
India (15K tonnes) constituted the country with the largest volume of crude groundnut oil production, comprising approx. 74% of total volume. Moreover, crude groundnut oil production in India exceeded the figures recorded by the second-largest producer, Iraq (3.6K tonnes), fourfold.
What are the leading suppliers of crude groundnut oil in Asia?
+
In value terms, India ($20M) remains the largest crude groundnut oil supplier in Asia, comprising 75% of total exports. The second position in the ranking was occupied by Iraq ($3.4M), with a 13% share of total exports. It was followed by Hong Kong SAR, with a 5.2% share.
What are the leading importers of crude groundnut oil in Asia?
+
In value terms, China ($155M) constitutes the largest market for imported crude groundnut oil in Asia, comprising 91% of total imports. The second position in the ranking was occupied by Singapore ($5.8M), with a 3.4% share of total imports.
What is the average export price for crude groundnut oil in Asia?
+
In 2019, the crude groundnut oil export price in Asia amounted to $1,387 per tonne, surging by 4.2% against the previous year.
What is the average import price for crude groundnut oil in Asia?
+
The crude groundnut oil import price in Asia stood at $1,236 per tonne in 2019, remaining stable against the previous year.

Product coverage:
• Prodcom 10412200 - Crude groundnut oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the crude groundnut oil market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Macao SAR
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global fertilizer market.



Thursday, May 13th, 2021 @ 04:00 pm ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Tuesday, June 1st, 2021 @ 04:00 pm ET


Register

Webinar: Global Ethyl Alcohol Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global ethyl alcohol market.



Thursday, June 3rd, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data