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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 third consecutive year, the East Asian crude groundnut oil market recorded growth in sales value, which increased by X% to $X in 2019. Over the period under review, consumption saw a significant increase. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.

Crude Groundnut Oil Production in Eastern Asia

In value terms, crude groundnut oil production fell modestly to $X in 2019 estimated in export prices. Overall, production saw a slight slump. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2013 to 2019, production growth remained at a lower figure.

Production By Country in Eastern Asia

Taiwan (Chinese) (X tonnes) remains the largest crude groundnut oil producing country in Eastern Asia, accounting for X% of total volume.

From 2007 to 2019, 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 2019, approx. X tonnes of crude groundnut oil were exported in Eastern Asia; with a decrease of -X% on the previous year. Overall, exports faced a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, crude groundnut oil exports declined significantly to $X in 2019. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. The level of export peaked at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, China (X tonnes) and Hong Kong SAR (X tonnes) was the major exporter of crude groundnut oil in Eastern Asia, creating X% of total export.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by China.

In value terms, the largest crude groundnut oil supplying countries in Eastern Asia were Hong Kong SAR ($X) and China ($X), with a combined X% share of total exports.

Among the main exporting countries, China recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The crude groundnut oil export price in Eastern Asia stood at $X per tonne in 2019, picking up by X% against the previous year. Export price indicated noticeable growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, crude groundnut oil export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2019, the country with the highest price was Hong Kong SAR ($X per tonne), while China stood at $X per tonne.

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

Crude Groundnut Oil Imports

Imports in Eastern Asia

For the third year in a row, Eastern Asia recorded growth in purchases abroad of crude groundnut oil, which increased by X% to X tonnes in 2019. In general, imports continue to indicate strong growth. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. The volume of import peaked in 2019 and is expected to retain growth in the near future.

In value terms, crude groundnut oil imports stood at $X in 2019. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. The level of import peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

China prevails in crude groundnut oil imports structure, recording X tonnes, which was near X% of total imports in 2019. Hong Kong SAR (X tonnes) took a relatively small share of total imports.

China was also the fastest-growing in terms of the crude groundnut oil imports, with a CAGR of +X% from 2007 to 2019. Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of China increased by +X% percentage points, while Hong Kong SAR (-X p.p.) saw their share reduced.

In value terms, China ($X) constitutes the largest market for imported crude groundnut oil in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports.

In China, crude groundnut oil imports expanded at an average annual rate of +X% over the period from 2007-2019.

Import Prices by Country

The crude groundnut oil import price in Eastern Asia stood at $X per tonne in 2019, approximately mirroring the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2019, the country with the highest price was Hong Kong SAR ($X per tonne), while China stood at $X per tonne.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude groundnut oil in Eastern Asia?
+
China (128K tonnes) constituted the country with the largest volume of crude groundnut oil consumption, comprising approx. 97% of total volume. It was followed by Hong Kong SAR (3.8K tonnes), with a 2.9% share of total consumption.
What are the largest producers of crude groundnut oil in Eastern Asia?
+
Taiwan (Chinese) (17 tonnes) remains the largest crude groundnut oil producing country in Eastern Asia, comprising approx. 100% of total volume.
What are the leading suppliers of crude groundnut oil in Eastern Asia?
+
In value terms, Hong Kong SAR ($1.4M) and China ($1M) appeared to be the countries with the highest levels of exports in 2019, with a combined 100% share of total exports.
What are the leading importers of crude groundnut oil in Eastern Asia?
+
In value terms, China ($155M) constitutes the largest market for imported crude groundnut oil in Eastern Asia, comprising 96% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($5.6M), with a 3.5% share of total imports.
What is the average export price for crude groundnut oil in Eastern Asia?
+
The crude groundnut oil export price in Eastern Asia stood at $2,495 per tonne in 2019, surging by 15% against the previous year.
What is the average import price for crude groundnut oil in Eastern Asia?
+
The crude groundnut oil import price in Eastern Asia stood at $1,209 per tonne in 2019, remaining relatively unchanged 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:
• China, Macao SAR
• Democratic People's Republic of Korea
• 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
• China, Hong Kong SAR
• China, 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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