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

Crude Groundnut Oil Market Size in Canada

The Canadian crude groundnut oil market was estimated at $X in 2020, remaining relatively unchanged 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). Overall, consumption enjoyed resilient growth. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level in 2020 and is expected to retain growth in years to come.

Crude Groundnut Oil Exports

Exports from Canada

In 2020, shipments abroad of crude groundnut oil was finally on the rise to reach X tonnes after six years of decline. In general, exports enjoyed a strong increase. Over the period under review, exports hit record highs at X tonnes in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, crude groundnut oil exports soared to $X in 2020. Overall, exports saw mild growth. Exports peaked at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for crude groundnut oil exports from Canada, accounting for a X% share of total exports. Moreover, crude groundnut oil exports to the U.S. exceeded the volume sent to the second major destination, France (X kg), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Ghana (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for crude groundnut oil exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by Ghana ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+X% per year) and France (-X% per year).

Export Prices by Country

The average crude groundnut oil export price stood at $X per tonne in 2020, waning by -X% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced mixed trend patterns.

Crude Groundnut Oil Imports

Imports into Canada

Crude groundnut oil imports into Canada totaled X tonnes in 2020, picking up by X% compared with the previous year. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, crude groundnut oil imports totaled $X in 2020. Overall, imports posted strong growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest crude groundnut oil supplier to Canada, with a X% share of total imports. Moreover, crude groundnut oil imports from the U.S. exceeded the figures recorded by the second-largest supplier, Argentina (X tonnes), threefold. Hong Kong SAR (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and Hong Kong SAR (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of crude groundnut oil to Canada, comprising X% of total imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and Hong Kong SAR (+X% per year).

Import Prices by Country

In 2020, the average crude groundnut oil import price amounted to $X per tonne, approximately equating the previous year. In general, the import price showed a pronounced downturn. The growth pace was the most rapid in 2010 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from China ($X per tonne) and Argentina ($X per tonne), while the price for Germany ($X per tonne) and Hong Kong SAR ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude groundnut oil in the world?
+
China (269K tonnes) remains the largest crude groundnut oil consuming country worldwide, comprising approx. 53% of total volume. Moreover, crude groundnut oil consumption in China exceeded the figures recorded by the second-largest consumer, Senegal (93K tonnes), threefold. Italy (39K tonnes) ranked third in terms of total consumption with a 7.7% share.
What are the largest producers of crude groundnut oil in the world?
+
The countries with the highest volumes of crude groundnut oil production in 2020 were Senegal (101K tonnes), Argentina (99K tonnes) and Brazil (72K tonnes), with a combined 75% share of global production. These countries were followed by Sudan, Nicaragua, India and Gambia, which together accounted for a further 24%.
What are the leading suppliers of crude groundnut oil to Canada?
+
In value terms, the U.S. ($749K) constituted the largest supplier of crude groundnut oil to Canada, comprising 59% of total imports. The second position in the ranking was occupied by Argentina ($291K), with a 23% share of total imports. It was followed by Hong Kong SAR, with a 8.6% share.
What are the leading importers of crude groundnut oil from Canada?
+
In value terms, the U.S. ($15K) remains the key foreign market for crude groundnut oil exports from Canada, comprising 98% of total exports. The second position in the ranking was occupied by Ghana ($223), with a 1.4% share of total exports.
What is the average export price for crude groundnut oil in Canada?
+
The average crude groundnut oil export price stood at $1,223 per tonne in 2020, falling by -15.6% against the previous year.
What is the average import price for crude groundnut oil in Canada?
+
In 2020, the average crude groundnut oil import price amounted to $943 per tonne, remaining relatively unchanged 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 Canada. 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:
• Canada

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Canada
• 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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