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

Crude Groundnut Oil Market Size in Eastern Asia

For the fourth year in a row, the East Asian crude groundnut oil market recorded growth in sales value, which increased by X% to $X in 2020. In general, consumption showed a significant increase. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level in 2020 and is likely to see gradual growth in years to come.

Crude Groundnut Oil Production in Eastern Asia

In value terms, crude groundnut oil production reached $X in 2020 estimated in export prices. The total production indicated a temperate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, production hit record highs in 2020 and is likely to see steady growth in years to come.

Production By Country in Eastern Asia

Taiwan (Chinese) (X tonnes) constituted the country with the largest volume of crude groundnut oil production, accounting for X% of total volume.

From 2007 to 2020, the average annual rate of growth in terms of volume in Taiwan (Chinese) was relatively modest.

Crude Groundnut Oil Exports

Exports in Eastern Asia

In 2020, exports of crude groundnut oil in Eastern Asia contracted markedly to X tonnes, waning by -X% against 2019. Over the period under review, exports saw a deep downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of export peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, crude groundnut oil exports dropped remarkably to $X in 2020. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. The level of export peaked at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of crude groundnut oil, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the crude groundnut oil exports, with a CAGR of -X% from 2007 to 2020. China (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest crude groundnut oil supplier in Eastern Asia.

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

Export Prices by Country

In 2020, the crude groundnut oil export price in Eastern Asia amounted to $X per tonne, with a decrease of -X% against the previous year. Export price indicated a mild increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, crude groundnut oil export price decreased by -X% against 2017 indices. The growth pace was the most rapid in 2012 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2013 to 2020, the growth in terms of the export prices remained at a lower figure.

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

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

Crude Groundnut Oil Imports

Imports in Eastern Asia

In 2020, approx. X tonnes of crude groundnut oil were imported in Eastern Asia; rising by X% on the previous year. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. The volume of import peaked in 2020 and is likely to continue growth in years to come.

In value terms, crude groundnut oil imports soared to $X in 2020. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. The level of import peaked in 2020 and is likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of crude groundnut oil imports in 2020 were China (X tonnes), together reaching X% of total import.

China was also the fastest-growing in terms of the crude groundnut oil imports, with a CAGR of +X% from 2007 to 2020. China (+X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported crude groundnut oil in Eastern Asia.

In China, crude groundnut oil imports expanded at an average annual rate of +X% over the period from 2007-2020.

Import Prices by Country

In 2020, the crude groundnut oil import price in Eastern Asia amounted to $X per tonne, growing by X% against the previous year. Import price indicated modest growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude groundnut oil in Eastern Asia?
+
The country with the largest volume of crude groundnut oil consumption was China (269K tonnes), comprising approx. 98% of total volume.
What are the largest producers of crude groundnut oil in Eastern Asia?
+
Taiwan (Chinese) (17 tonnes) constituted the country with the largest volume of crude groundnut oil production, accounting for 100% of total volume.
What are the leading suppliers of crude groundnut oil in Eastern Asia?
+
In value terms, China ($1.2M) remains the largest crude groundnut oil supplier in Eastern Asia.
What are the leading importers of crude groundnut oil in Eastern Asia?
+
In value terms, China ($432M) constitutes the largest market for imported crude groundnut oil in Eastern Asia.
What is the average export price for crude groundnut oil in Eastern Asia?
+
The crude groundnut oil export price in Eastern Asia stood at $1,786 per tonne in 2020, which is down by -21.5% against the previous year.
What is the average import price for crude groundnut oil in Eastern Asia?
+
In 2020, the crude groundnut oil import price in Eastern Asia amounted to $1,606 per tonne, with an increase of 38% 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 Eastern 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:
• Democratic People's Republic of Korea
• Macao SAR
• Taiwan (Chinese)

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

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
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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