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

Crude Groundnut Oil Market Size in the Czech Republic

After two years of growth, the Czech crude groundnut oil market decreased by -X% to $X in 2020. In general, consumption saw a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Crude groundnut oil consumption peaked at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Crude Groundnut Oil Exports

Exports from the Czech Republic

In 2020, overseas shipments of crude groundnut oil were finally on the rise to reach X kg for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports, however, showed a perceptible contraction. Over the period under review, exports hit record highs at X kg in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, crude groundnut oil exports surged to $X in 2020. Overall, exports, however, posted a remarkable increase. Exports peaked at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Slovakia (X kg) was the main destination for crude groundnut oil exports from the Czech Republic, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Slovakia totaled +X%.

In value terms, Slovakia ($X) also remains the key foreign market for crude groundnut oil exports from the Czech Republic.

From 2007 to 2020, the average annual rate of growth in terms of value to Slovakia totaled +X%.

Export Prices by Country

The average crude groundnut oil export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period under review, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

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

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

Crude Groundnut Oil Imports

Imports into the Czech Republic

In 2020, after two years of growth, there was decline in purchases abroad of crude groundnut oil, when their volume decreased by -X% to X kg. Overall, imports saw a noticeable reduction. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, crude groundnut oil imports declined rapidly to $X in 2020. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Italy (X kg) constituted the largest crude groundnut oil supplier to the Czech Republic, with a X% share of total imports. Moreover, crude groundnut oil imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), twofold. The third position in this ranking was occupied by France (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and France (+X% per year).

In value terms, the largest crude groundnut oil suppliers to the Czech Republic were Italy ($X), Hungary ($X) and the Netherlands ($X), together comprising X% of total imports. France and Slovakia lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average crude groundnut oil import price stood at $X per tonne in 2020, declining by -X% against the previous year. Overall, the import price, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

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), with a combined 66% share of global production. These countries were followed by Iraq, Iran, Nicaragua and India, which together accounted for a further 30%.
What are the leading suppliers of crude groundnut oil to the Czech Republic?
+
In value terms, the largest crude groundnut oil suppliers to the Czech Republic were Italy ($879), Hungary ($610) and the Netherlands ($480), with a combined 76% share of total imports. These countries were followed by France and Slovakia, which together accounted for a further 20%.
What are the leading importers of crude groundnut oil from the Czech Republic?
+
In value terms, Slovakia ($71) remains the key foreign market for crude groundnut oil exports from the Czech Republic.
What is the average export price for crude groundnut oil in the Czech Republic?
+
The average crude groundnut oil export price stood at $6,455 per tonne in 2020, picking up by 50% against the previous year.
What is the average import price for crude groundnut oil in the Czech Republic?
+
The average crude groundnut oil import price stood at $3,510 per tonne in 2020, waning by -19.9% 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 the Czech Republic. 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:
• Czech Republic

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Czech Republic
• 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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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