Report Australia and Oceania - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Australia and Oceania - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights
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Australia and Oceania: Crude Groundnut Oil Market 2023

Crude Groundnut Oil Market Size in Australia and Oceania

In 2021, the crude groundnut oil market in Australia and Oceania increased by 0.5% to $X, rising for the third consecutive year after two years of decline. In general, consumption posted a slight expansion. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Crude Groundnut Oil Production in Australia and Oceania

In value terms, crude groundnut oil production contracted remarkably to $X in 2021 estimated in export price. Overall, production, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 254%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Crude Groundnut Oil Exports

Exports in Australia and Oceania

In 2021, shipments abroad of crude groundnut oil decreased by -50.3% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a sharp setback. The pace of growth was the most pronounced in 2013 when exports increased by 146% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, crude groundnut oil exports contracted dramatically to $X in 2021. Overall, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2013 when exports increased by 61% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Australia (X tons) was the largest exporter of crude groundnut oil, making up 83% of total exports. It was distantly followed by New Zealand (X tons), making up a 17% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to crude groundnut oil exports from Australia stood at -31.2%. At the same time, New Zealand (+6.8%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +6.8% from 2012-2021. While the share of New Zealand (+17 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-16.7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest crude groundnut oil supplier in Australia and Oceania, comprising 80% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia totaled -26.8%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, rising by 3.3% against the previous year. In general, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2020 when the export price increased by 375%. The level of export peaked in 2021 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+18.4%).

Crude Groundnut Oil Imports

Imports in Australia and Oceania

In 2021, overseas purchases of crude groundnut oil increased by 15% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 317%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, crude groundnut oil imports surged to $X in 2021. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 221%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

Australia dominates imports structure, finishing at X tons, which was near 96% of total imports in 2021. French Polynesia (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to crude groundnut oil imports into Australia stood at +26.4%. At the same time, French Polynesia (+74.1%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +74.1% from 2012-2021. From 2012 to 2021, the share of Australia and French Polynesia increased by +26 and +1.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported crude groundnut oil in Australia and Oceania, comprising 97% of total imports. The second position in the ranking was held by French Polynesia ($X), with a 1.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to +25.2%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, increasing by 14% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 24%. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while French Polynesia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-1.0%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for crude groundnut oil in Australia and Oceania?
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Australia constituted the country with the largest volume of crude groundnut oil consumption, accounting for 76% of total volume. Moreover, crude groundnut oil consumption in Australia exceeded the figures recorded by the second-largest consumer, French Polynesia, sixfold.
What are the largest producers of crude groundnut oil in Australia and Oceania?
+
Australia remains the largest crude groundnut oil producing country in Australia and Oceania, comprising approx. 69% of total volume. Moreover, crude groundnut oil production in Australia exceeded the figures recorded by the second-largest producer, Tonga, fourfold.
What are the leading exporters of crude groundnut oil in Australia and Oceania?
+
In value terms, Australia remains the largest crude groundnut oil supplier in Australia and Oceania, comprising 80% of total exports. The second position in the ranking was taken by New Zealand, with a 20% share of total exports.
What are the leading importers of crude groundnut oil in Australia and Oceania?
+
In value terms, Australia constitutes the largest market for imported crude groundnut oil in Australia and Oceania, comprising 97% of total imports. The second position in the ranking was held by French Polynesia, with a 1.1% share of total imports.
What is the average export price for crude groundnut oil in Australia and Oceania?
+
The export price in Australia and Oceania stood at $5,919 per ton in 2021, picking up by 3.3% against the previous year.
What is the average import price for crude groundnut oil in Australia and Oceania?
+
In 2021, the import price in Australia and Oceania amounted to $2,504 per ton, with an increase of 14% against the previous year.

This report provides an in-depth analysis of the crude groundnut oil market in Australia and Oceania. 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:
• American Samoa
• Cook Islands
• Fiji
• French Polynesia
• Guam
• Kiribati
• Marshall Islands
• Micronesia
• Nauru
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Australia and Oceania, split by region and country
• Trade (exports and imports) in Australia and Oceania
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
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 2012–2022
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

• Australia
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Marshall Islands
• Micronesia
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• American Samoa
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
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, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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