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

Refined Groundnut Oil Market Size in Egypt

The Egyptian refined groundnut oil market was estimated at $X in 2018, remaining constant against the previous year. Over the period under review, consumption posted resilient growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2018.

Refined Groundnut Oil Production in Egypt

In value terms, refined groundnut oil production contracted dramatically to $X in 2019 estimated in export prices. Overall, production recorded a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

Refined Groundnut Oil Exports

Exports from Egypt

In 2019, overseas shipments of refined groundnut oil decreased by -X% to X tonnes, falling for the second year in a row after five years of growth. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, refined groundnut oil exports reduced notably to $X in 2019. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

Germany (X tonnes) was the main destination for refined groundnut oil exports from Egypt, with a X% share of total exports. Moreover, refined groundnut oil exports to Germany exceeded the volume sent to the second major destination, Bahrain (X tonnes), sixfold. Sudan (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+X% per year) and Sudan (-X% per year).

In value terms, Germany ($X) remains the key foreign market for refined groundnut oil exports from Egypt, comprising X% of total exports. The second position in the ranking was occupied by Sudan ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-X% per year) and Bahrain (+X% per year).

Export Prices by Country

In 2019, the average refined groundnut oil export price amounted to $X per tonne, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Sudan ($X per tonne), while the average price for exports to Kuwait ($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 Palestine, while the prices for the other major destinations experienced a decline.

Refined Groundnut Oil Imports

Imports into Egypt

In 2019, overseas purchases of refined groundnut oil decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, refined groundnut oil imports dropped remarkably to $X in 2019. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Imports peaked at $X in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

Imports by Country

France (X tonnes), Spain (X tonnes) and the Netherlands (X tonnes) were the main suppliers of refined groundnut oil imports to Egypt, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in the Netherlands, while purchases for the other leaders experienced a decline.

In value terms, the largest refined groundnut oil suppliers to Egypt were France ($X), Spain ($X) and the Netherlands ($X), with a combined X% share of total imports.

The Netherlands 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 a decline.

Import Prices by Country

The average refined groundnut oil import price stood at $X per tonne in 2019, jumping by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per tonne in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined groundnut oil in the world?
+
Italy (39K tonnes) constituted the country with the largest volume of refined groundnut oil consumption, comprising approx. 32% of total volume. Moreover, refined groundnut oil consumption in Italy exceeded the figures recorded by the second-largest consumer, Iran (18K tonnes), twofold. The third position in this ranking was occupied by Nicaragua (8.7K tonnes), 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, accounting for 30% of total volume. Moreover, refined groundnut oil production in Italy exceeded the figures recorded by the second-largest producer, Iran (18K tonnes), twofold. The third position in this ranking was occupied by Belgium (17K tonnes), with a 14% share.
What are the leading suppliers of refined groundnut oil to Egypt?
+
In value terms, France ($6.3K), Spain ($5.1K) and the Netherlands ($4.2K) were the largest refined groundnut oil suppliers to Egypt, together comprising 75% of total imports.
What are the leading importers of refined groundnut oil from Egypt?
+
In value terms, Germany ($51K) remains the key foreign market for refined groundnut oil exports from Egypt, comprising 64% of total exports. The second position in the ranking was occupied by Sudan ($5.2K), with a 6.6% share of total exports. It was followed by Bahrain, with a 3.3% share.
What is the average export price for refined groundnut oil in Egypt?
+
In 2019, the average refined groundnut oil export price amounted to $2,081 per tonne, flattening at the previous year.
What is the average import price for refined groundnut oil in Egypt?
+
The average refined groundnut oil import price stood at $3,000 per tonne in 2019, increasing by 58% 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 Egypt. 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:
• Egypt

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