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Austria - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights
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Austria: Ground-Nut Oil Market Overview 2021

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Ground-Nut Oil Market Size in Austria

The Austrian ground-nut oil market soared to $X in 2019, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a deep setback. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Ground-Nut Oil Exports

Exports from Austria

In 2019, overseas shipments of ground-nut oil increased by X% to X tonnes, rising for the fourth consecutive year after three years of decline. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Exports peaked in 2019 and are expected to retain growth in years to come.

In value terms, ground-nut oil exports totaled $X in 2019. Over the period under review, total exports indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes) and Germany (X tonnes) were the main destinations of ground-nut oil exports from Austria, together accounting for X% of total exports.

From 2007 to 2019, the biggest increases were in the Netherlands (+X% per year).

In value terms, Germany ($X) and the Netherlands ($X) constituted the largest markets for ground-nut oil exported from Austria worldwide, with a combined X% share of total exports.

The Netherlands (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2019, the average ground-nut oil export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Germany ($X per tonne), while the average price for exports to the Netherlands totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany.

Ground-Nut Oil Imports

Imports into Austria

In 2019, approx. X tonnes of ground-nut oil were imported into Austria; picking up by X% on the previous year. Over the period under review, imports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, ground-nut oil imports surged to $X in 2019. In general, imports, however, showed a perceptible decrease. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

Italy (X tonnes), Germany (X tonnes) and France (X tonnes) were the main suppliers of ground-nut oil imports to Austria, together comprising X% of total imports. The Netherlands, Belgium and the U.S. lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S. (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ground-nut oil suppliers to Austria were Italy ($X), Germany ($X) and France ($X), together accounting for X% of total imports. These countries were followed by the Netherlands, the U.S. and Belgium, which together accounted for a further X terms of the main suppliers, the U.S. (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ground-nut oil import price stood at $X per tonne in 2019, declining by -X% against the previous year. Over the period under review, import price indicated slight growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, ground-nut oil import price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ground-nut oil in the world?
+
China (3.8M tonnes) constituted the country with the largest volume of ground-nut oil consumption, comprising approx. 51% of total volume. Moreover, ground-nut oil consumption in China exceeded the figures recorded by the second-largest consumer, India (1.5M tonnes), threefold. The third position in this ranking was occupied by Nigeria (346K tonnes), with a 4.7% share.
What are the largest producers of ground-nut oil in the world?
+
China (3.6M tonnes) remains the largest ground-nut oil producing country worldwide, accounting for 49% of total volume. Moreover, ground-nut oil production in China exceeded the figures recorded by the second-largest producer, India (1.5M tonnes), twofold. The third position in this ranking was occupied by Nigeria (347K tonnes), with a 4.7% share.
What are the leading suppliers of ground-nut oil to Austria?
+
In value terms, the largest ground-nut oil suppliers to Austria were Italy ($473K), Germany ($463K) and France ($159K), together accounting for 72% of total imports. The Netherlands, the U.S. and Belgium lagged somewhat behind, together accounting for a further 28%.
What are the leading importers of ground-nut oil from Austria?
+
In value terms, the largest markets for ground-nut oil exported from Austria were Germany ($413K) and the Netherlands ($240K), with a combined 92% share of total exports.
What is the average export price for ground-nut oil in Austria?
+
In 2019, the average ground-nut oil export price amounted to $2,337 per tonne, which is down by -4.4% against the previous year.
What is the average import price for ground-nut oil in Austria?
+
The average ground-nut oil import price stood at $1,892 per tonne in 2019, falling by -6.4% against the previous year.

Product coverage:
• FCL 244 - Oil of Groundnuts

This report provides an in-depth analysis of the ground-nut oil market in Austria. 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:
• Austria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Austria
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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