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

Refined Groundnut Oil Market Size in Denmark

In 2019, the Danish refined groundnut oil market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2013 to 2019, the growth of the market failed to regain the momentum.

Refined Groundnut Oil Exports

Exports from Denmark

In 2019, shipments abroad of refined groundnut oil decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. From 2012 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, refined groundnut oil exports expanded significantly to $X in 2019. Over the period under review, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports remained at a lower figure.

Exports by Country

Sweden (X tonnes), the Netherlands (X tonnes) and Luxembourg (X kg) were the main destinations of refined groundnut oil exports from Denmark.

From 2007 to 2019, the biggest increases were in the Netherlands, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for refined groundnut oil exports from Denmark, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Sweden totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Luxembourg (X% per year).

Export Prices by Country

In 2019, the average refined groundnut oil export price amounted to $X per tonne, jumping by X% against the previous year. Overall, the export price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2010; however, from 2011 to 2019, export prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced mixed trend patterns.

Refined Groundnut Oil Imports

Imports into Denmark

For the fifth consecutive year, Denmark recorded growth in purchases abroad of refined groundnut oil, which increased by X% to X tonnes in 2019. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure in 2019 and are expected to retain growth in years to come.

In value terms, refined groundnut oil imports rose notably to $X in 2019. In general, imports posted a strong increase. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2014 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, the Netherlands (X tonnes) constituted the largest supplier of refined groundnut oil to Denmark, with a X% share of total imports. Moreover, refined groundnut oil imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), threefold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Germany (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of refined groundnut oil to Denmark, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2019, the average annual growth rate of value from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2019, the average refined groundnut oil import price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the import price recorded a perceptible reduction. The pace of growth was the most pronounced in 2012 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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 refined groundnut oil in the world?
+
The country with the largest volume of refined groundnut oil consumption was Italy (39K tonnes), accounting for 32% of total volume. Moreover, refined groundnut oil consumption in Italy exceeded the figures recorded by the second-largest consumer, Iran (18K tonnes), twofold. Nicaragua (8.7K tonnes) ranked third in terms of total consumption with a 7.2% share.
What are the largest producers of refined groundnut oil in the world?
+
Italy (38K tonnes) constituted the country with the largest volume of refined groundnut oil production, comprising approx. 30% of total volume. Moreover, refined groundnut oil production in Italy exceeded the figures recorded by the second-largest producer, Iran (18K tonnes), twofold. Belgium (17K tonnes) ranked third in terms of total production with a 14% share.
What are the leading suppliers of refined groundnut oil to Denmark?
+
In value terms, the Netherlands ($103K) constituted the largest supplier of refined groundnut oil to Denmark, comprising 69% of total imports. The second position in the ranking was occupied by Belgium ($22K), with a 15% share of total imports. It was followed by Germany, with a 7.4% share.
What are the leading importers of refined groundnut oil from Denmark?
+
In value terms, Sweden ($43K) remains the key foreign market for refined groundnut oil exports from Denmark, comprising 71% of total exports. The second position in the ranking was occupied by the Netherlands ($16K), with a 27% share of total exports.
What is the average export price for refined groundnut oil in Denmark?
+
In 2019, the average refined groundnut oil export price amounted to $5,884 per tonne, growing by 37% against the previous year.
What is the average import price for refined groundnut oil in Denmark?
+
In 2019, the average refined groundnut oil import price amounted to $1,960 per tonne, declining by -2.6% 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 Denmark. 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:
• Denmark

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