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Asia - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends And Insights
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Asia: Crude Groundnut Oil Market Overview 2021

Crude Groundnut Oil Market Size in Asia

In 2020, the Asian crude groundnut oil market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption showed a resilient expansion. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. The level of consumption peaked in 2020 and is likely to see gradual growth in the immediate term.

Crude Groundnut Oil Production in Asia

In value terms, crude groundnut oil production contracted modestly to $X in 2020 estimated in export prices. In general, production showed a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2017 to 2020, production growth remained at a somewhat lower figure.

Production By Country in Asia

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

In Iraq, crude groundnut oil production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Iran (+X% per year) and India (+X% per year).

Crude Groundnut Oil Exports

Exports in Asia

In 2020, approx. X tonnes of crude groundnut oil were exported in Asia; with an increase of X% compared with the previous year. Over the period under review, exports posted strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. from 2019 to 2020, the growth exports remained at a lower figure.

In value terms, crude groundnut oil exports dropped slightly to $X in 2020. Overall, exports saw a perceptible expansion. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. The level of export peaked at $X in 2019, and then dropped in the following year.

Exports by Country

Iraq represented the key exporting country with an export of about X tonnes, which finished at X% of total exports. It was distantly followed by India (X tonnes), achieving a X% share of total exports. The following exporters - Turkey (X tonnes) and China (X tonnes) - each amounted to a X% share of total exports.

From 2007 to 2020, the biggest increases were in Iraq (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest crude groundnut oil supplying countries in Asia were India ($X), Iraq ($X) and China ($X), with a combined X% share of total exports.

Among the main exporting countries, Iraq (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The crude groundnut oil export price in Asia stood at $X per tonne in 2020, falling by -X% against the previous year. Overall, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2012 when the export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2013 to 2020, the growth in terms of the export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($X per tonne), while Iraq ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced a decline in the export price figures.

Crude Groundnut Oil Imports

Imports in Asia

For the fourth consecutive year, Asia recorded growth in overseas purchases of crude groundnut oil, which increased by X% to X tonnes in 2020. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. The volume of import peaked in 2020 and is expected to retain growth in the immediate term.

In value terms, crude groundnut oil imports surged to $X in 2020. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. The level of import peaked in 2020 and is likely to continue growth in years to come.

Imports by Country

China (X tonnes) represented roughly X% of total imports of crude groundnut oil in 2020.

China was also the fastest-growing in terms of the crude groundnut oil imports, with a CAGR of +X% from 2007 to 2020. While the share of China (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported crude groundnut oil in Asia.

From 2007 to 2020, the average annual growth rate of value in China amounted to +X%.

Import Prices by Country

In 2020, the crude groundnut oil import price in Asia amounted to $X per tonne, increasing by X% against the previous year. Import price indicated slight growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when the import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. from 2013 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude groundnut oil in Asia?
+
China (269K tonnes) remains the largest crude groundnut oil consuming country in Asia, accounting for 81% of total volume. Moreover, crude groundnut oil consumption in China exceeded the figures recorded by the second-largest consumer, Iraq (27K tonnes), tenfold.
What are the largest producers of crude groundnut oil in Asia?
+
Iraq (54K tonnes) constituted the country with the largest volume of crude groundnut oil production, accounting for 53% of total volume. Moreover, crude groundnut oil production in Iraq exceeded the figures recorded by the second-largest producer, Iran (27K tonnes), twofold.
What are the leading exporters of crude groundnut oil in Asia?
+
In value terms, India ($20M), Iraq ($13M) and China ($1.2M) constituted the countries with the highest levels of exports in 2020, together accounting for 95% of total exports.
What are the leading importers of crude groundnut oil in Asia?
+
In value terms, China ($432M) constitutes the largest market for imported crude groundnut oil in Asia.
What is the average export price for crude groundnut oil in Asia?
+
The crude groundnut oil export price in Asia stood at $847 per tonne in 2020, which is down by -11% against the previous year.
What is the average import price for crude groundnut oil in Asia?
+
In 2020, the crude groundnut oil import price in Asia amounted to $1,607 per tonne, surging by 36% 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
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• 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
• Hong Kong SAR
• 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

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