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

Refined Groundnut Oil Market Size in Central Asia

In 2019, the Central Asian refined groundnut oil market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, recorded a deep contraction. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Refined Groundnut Oil Production in Central Asia

In value terms, refined groundnut oil production shrank to $X in 2019 estimated in export prices. In general, production, however, saw a significant contraction. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. The level of production peaked at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

Production By Country in Central Asia

Uzbekistan (X kg) remains the largest refined groundnut oil producing country in Central Asia, accounting for X% of total volume.

From 2007 to 2019, the average annual growth rate of volume in Uzbekistan totaled -X%.

Refined Groundnut Oil Exports

Exports in Central Asia

In 2019, shipments abroad of refined groundnut oil increased by X% to X kg, rising for the second consecutive year after four years of decline. In general, exports, however, saw a precipitous decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

In value terms, refined groundnut oil exports dropped significantly to $X in 2019. Overall, exports, however, showed a sharp shrinkage. The smallest decline of -X% was in 2018. The level of export peaked at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Uzbekistan dominates refined groundnut oil exports structure, recording X kg, which was approx. X% of total exports in 2019. Mongolia (X kg) held a little share of total exports.

From 2007 to 2019, average annual rates of growth with regard to refined groundnut oil exports from Uzbekistan stood at -X%. Mongolia experienced a relatively flat trend pattern. While the share of Mongolia (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of Uzbekistan (-X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) remains the largest refined groundnut oil supplier in Central Asia, comprising X% of total exports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value in Uzbekistan stood at -X%.

Export Prices by Country

The refined groundnut oil export price in Central Asia stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, the export price faced a abrupt shrinkage. The growth pace was the most rapid in 2018 when the export price decreased by -X% against the previous year. Over the period under review, export prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Mongolia ($X per tonne), while Uzbekistan amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Mongolia.

Refined Groundnut Oil Imports

Imports in Central Asia

In 2019, supplies from abroad of refined groundnut oil was finally on the rise to reach X kg for the first time since 2014, thus ending a four-year declining trend. Over the period under review, imports, however, faced a drastic downturn. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, refined groundnut oil imports skyrocketed to $X in 2019. Overall, imports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. The level of import peaked at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Mongolia (X kg) was the largest importer of refined groundnut oil, comprising X% of total imports. Kazakhstan (X kg) ranks second in terms of the total imports with a X% share, followed by Tajikistan (X%). Uzbekistan (X kg) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to refined groundnut oil imports into Mongolia stood at +X%. At the same time, Tajikistan (+X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +X% from 2007-2019. By contrast, Kazakhstan (-X%) and Uzbekistan (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Mongolia and Tajikistan increased by +X% and +X% percentage points, while Uzbekistan (-X p.p.) and Kazakhstan (-X p.p.) saw their share reduced.

In value terms, Mongolia ($X) constitutes the largest market for imported refined groundnut oil in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total imports. It was followed by Tajikistan, with a X% share.

In Mongolia, refined groundnut oil imports increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Kazakhstan (-X% per year) and Tajikistan (+X% per year).

Import Prices by Country

The refined groundnut oil import price in Central Asia stood at $X per tonne in 2019, picking up by X% against the previous year. Overall, the import price enjoyed resilient growth. The growth pace was the most rapid in 2011 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Mongolia ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Tajikistan, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined groundnut oil in Central Asia?
+
Mongolia (427 kg) constituted the country with the largest volume of refined groundnut oil consumption, comprising approx. 66% of total volume. Moreover, refined groundnut oil consumption in Mongolia exceeded the figures recorded by the second-largest consumer, Kazakhstan (175 kg), twofold.
What are the largest producers of refined groundnut oil in Central Asia?
+
Uzbekistan (229 kg) constituted the country with the largest volume of refined groundnut oil production, accounting for 100% of total volume.
What are the leading exporters of refined groundnut oil in Central Asia?
+
In value terms, Uzbekistan ($354) remains the largest refined groundnut oil supplier in Central Asia, comprising 88% of total exports. The second position in the ranking was occupied by Mongolia ($47), with a 12% share of total exports.
What are the leading importers of refined groundnut oil in Central Asia?
+
In value terms, Mongolia ($2.7K) constitutes the largest market for imported refined groundnut oil in Central Asia, comprising 80% of total imports. The second position in the ranking was occupied by Kazakhstan ($478), with a 14% share of total imports. It was followed by Tajikistan, with a 4.8% share.
What is the average export price for refined groundnut oil in Central Asia?
+
The refined groundnut oil export price in Central Asia stood at $1,554 per tonne in 2019, which is down by -18.8% against the previous year.
What is the average import price for refined groundnut oil in Central Asia?
+
The refined groundnut oil import price in Central Asia stood at $4,965 per tonne in 2019, jumping by 33% against the previous year.

Product coverage:
• Prodcom 10415200 - Refined groundnut oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined groundnut oil market in Central 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:
• Kyrgyzstan
• Mongolia
• Tajikistan
• Turkmenistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Central Asia, split by region and country
• Trade (exports and imports) in Central 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

• Kazakhstan
• Kyrgyzstan
• Mongolia
• Tajikistan
• Turkmenistan
• Uzbekistan
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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