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

Crude Groundnut Oil Market Size in the EU

The EU crude groundnut oil market rose sharply to $X in 2020, with an increase of X% against the previous year. Overall, consumption continues to indicate a slight slump. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2009 to 2020, the growth of the market remained at a lower figure.

Crude Groundnut Oil Production in the EU

In value terms, crude groundnut oil production soared to $X in 2020 estimated in export prices. Overall, production, however, continues to indicate slight growth. The pace of growth was the most pronounced in 2011 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2012 to 2020, production growth remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of crude groundnut oil production in 2020 were Germany (X tonnes), Spain (X tonnes) and Greece (X tonnes), together accounting for X% of total production.

From 2007 to 2020, the most notable rate of growth in terms of crude groundnut oil production, amongst the main producing countries, was attained by Spain (+X% per year), while crude groundnut oil production for the other leaders experienced more modest paces of growth.

Crude Groundnut Oil Exports

Exports in the EU

In 2020, approx. X tonnes of crude groundnut oil were exported in the European Union; declining by -X% compared with the previous year. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, crude groundnut oil exports contracted markedly to $X in 2020. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2012 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The Netherlands represented the main exporter of crude groundnut oil in the European Union, with the volume of exports accounting for X tonnes, which was near X% of total exports in 2020. France (X tonnes) ranks second in terms of the total exports with a X% share, followed by Greece (X%), Spain (X%), Germany (X%) and Romania (X%). Austria (X tonnes) took a minor share of total exports.

From 2007 to 2020, average annual rates of growth with regard to crude groundnut oil exports from the Netherlands stood at -X%. At the same time, Romania (+X%), Spain (+X%), Greece (+X%) and Austria (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2020. By contrast, Germany (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of the Netherlands (+X p.p.), Greece (+X p.p.), Spain (+X p.p.), Romania (+X p.p.), Germany (+X p.p.) and Austria (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of France (-X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports. Spain, Romania, Austria and Greece lagged somewhat behind, together comprising a further X the main exporting countries, Romania saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the crude groundnut oil export price in the European Union amounted to $X per tonne, surging by X% against the previous year. Export price indicated moderate 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 growth pace was the most rapid in 2017 an increase of X% y-o-y. The level of export peaked in 2020 and is expected to retain growth in the near future.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Crude Groundnut Oil Imports

Imports in the EU

Crude groundnut oil imports shrank to X tonnes in 2020, with a decrease of -X% compared with the previous year's figure. Over the period under review, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, crude groundnut oil imports skyrocketed to $X in 2020. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2009 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Italy represented the largest importing country with an import of around X tonnes, which amounted to X% of total imports. Belgium (X tonnes) ranks second in terms of the total imports with a X% share, followed by the Netherlands (X%) and France (X%). Germany (X tonnes) followed a long way behind the leaders.

Italy experienced a relatively flat trend pattern with regard to volume of imports of crude groundnut oil. At the same time, Belgium (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in the European Union, with a CAGR of +X% from 2007-2020. By contrast, France (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Italy, Belgium and the Netherlands increased by +X%, +X% and +X% percentage points, while Germany (-X p.p.) and France (-X p.p.) saw their share reduced.

In value terms, Italy ($X) constitutes the largest market for imported crude groundnut oil in the European Union, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Italy stood at +X%. In the other countries, the average annual rates were as follows: Belgium (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2020, the crude groundnut oil import price in the European Union amounted to $X per tonne, rising by X% against the previous year. Import price indicated a modest 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. The growth pace was the most rapid in 2011 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Germany ($X per tonne) and Italy ($X per tonne), while the Netherlands ($X per tonne) and Belgium ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude groundnut oil in the the EU?
+
Italy (39K tonnes) constituted the country with the largest volume of crude groundnut oil consumption, comprising approx. 60% of total volume. Moreover, crude groundnut oil consumption in Italy exceeded the figures recorded by the second-largest consumer, Belgium (9.8K tonnes), fourfold. The third position in this ranking was occupied by the Netherlands (8.3K tonnes), with a 13% share.
What are the largest producers of crude groundnut oil in the the EU?
+
The countries with the highest volumes of crude groundnut oil production in 2020 were Germany (340 tonnes), Spain (299 tonnes) and Greece (92 tonnes), with a combined 88% share of total production.
What are the leading suppliers of crude groundnut oil in the the EU?
+
In value terms, the largest crude groundnut oil supplying countries in the European Union were the Netherlands ($741K), Germany ($483K) and France ($445K), together comprising 72% of total exports. Spain, Romania, Austria and Greece lagged somewhat behind, together accounting for a further 22%.
What are the leading importers of crude groundnut oil in the the EU?
+
In value terms, Italy ($65M) constitutes the largest market for imported crude groundnut oil in the European Union, comprising 61% of total imports. The second position in the ranking was occupied by Belgium ($15M), with a 14% share of total imports. It was followed by the Netherlands, with a 13% share.
What is the average export price for crude groundnut oil in the the EU?
+
The crude groundnut oil export price in the European Union stood at $2,529 per tonne in 2020, with an increase of 38% against the previous year.
What is the average import price for crude groundnut oil in the the EU?
+
The crude groundnut oil import price in the European Union stood at $1,646 per tonne in 2020, jumping by 33% 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 EU. 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.



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

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
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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