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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, almost unchanged from 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). Over the period under review, consumption continues to indicate resilient growth. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level in 2020 and is likely to see gradual growth in the immediate term.

Crude Groundnut Oil Exports

Exports from Canada

For the eighth year in a row, Canada recorded growth in shipments abroad of crude groundnut oil, which increased by X% to X tonnes in 2020. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, crude groundnut oil exports totaled $X in 2020. In general, exports showed significant growth. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2020 and are likely to continue growth in the immediate term.

Exports by Country

Qatar (X tonnes) was the main destination for crude groundnut oil exports from Canada, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Qatar stood at +X%.

From 2007 to 2020, the average annual rate of growth in terms of value to Qatar stood at +X%.

Export Prices by Country

The average crude groundnut oil export price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Qatar.

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

Crude Groundnut Oil Imports

Imports into Canada

Crude groundnut oil imports into Canada expanded modestly to X tonnes in 2020, increasing by X% on 2019. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. 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. Over the period under review, imports recorded prominent growth. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports hit record highs 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 supplier of crude groundnut oil 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. The third position in this ranking was occupied by Hong Kong SAR (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate 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, flattening at the previous year. In general, the import price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were 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 Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude groundnut oil in the world?
+
China (269K tonnes) constituted the country with the largest volume of crude groundnut oil consumption, accounting for 47% of total volume. Moreover, crude groundnut oil consumption in China exceeded the figures recorded by the second-largest consumer, Senegal (93K tonnes), threefold. The third position in this ranking was occupied by Argentina (44K tonnes), with a 7.6% 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 (71K tonnes), together accounting for 66% of global production. Iraq, Iran, Nicaragua and India lagged somewhat behind, together accounting for a further 30%.
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 is the average export price for crude groundnut oil in Canada?
+
The average crude groundnut oil export price stood at $1,401 per tonne in 2020, growing by 6.1% 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, approximately mirroring 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 2030
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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