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EU - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights
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EU: Groundnut Oil Market Overview 2021

Groundnut Oil Market Size in the EU

The EU groundnut oil market was finally on the rise to reach $X in 2020, after two years of decline. Overall, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2009 to 2020, the growth of the market remained at a lower figure.

Groundnut Oil Production in the EU

In value terms, groundnut oil production surged to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2009 to 2020, production growth remained at a lower figure.

Production by Country in the EU

The Netherlands (X tonnes) remains the largest groundnut oil producing country in the European Union, accounting for X% of total volume. Moreover, groundnut oil production in the Netherlands exceeded the figures recorded by the second-largest producer, Poland (X tonnes), threefold. Belgium (X tonnes) ranked third in terms of total production with a X% share.

In the Netherlands, groundnut oil production expanded at an average annual rate of +X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: Poland (+X% per year) and Belgium (-X% per year).

Groundnut Oil Exports

Exports in the EU

For the fourth year in a row, the European Union recorded decline in shipments abroad of groundnut oil, which decreased by -X% to X tonnes in 2020. in general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, groundnut oil exports shrank to $X in 2020. Overall, exports showed a noticeable decline. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. The level of export peaked at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, Belgium (X tonnes) represented the largest exporter of groundnut oil, committing X% of total exports. It was distantly followed by France (X tonnes), Italy (X tonnes), the Netherlands (X tonnes) and Germany (X tonnes), together creating a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to groundnut oil exports from Belgium stood at -X%. at the same time, Italy (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Italy 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. From 2007 to 2020, the share of Italy, the Netherlands and Germany increased by +X%, +X% and +X% percentage points, while Belgium (-X p.p.) and France (-X p.p.) saw their share reduced.

In value terms, Belgium ($X) remains the largest groundnut oil supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

In Belgium, groundnut oil exports decreased by an average annual rate of -X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: France (-X% per year) and Italy (+X% per year).

Export Prices by Country

In 2020, the groundnut oil export price in the European Union amounted to $X per tonne, surging by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the export price increased by X% against the previous year. Over the period under review, export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

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

Groundnut Oil Imports

Imports in the EU

In 2020, overseas purchases of groundnut oil decreased by -X% to X tonnes, falling for the fourth consecutive year after three years of growth. Over the period under review, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, groundnut oil imports rose markedly to $X in 2020. in general, imports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Italy was the major importer of groundnut oil in the European Union, with the volume of imports accounting for X tonnes, which was near X% of total imports in 2020. The Netherlands (X tonnes) ranks second in terms of the total imports with a X% share, followed by France (X%), Belgium (X%) and Germany (X%).

Italy experienced a relatively flat trend pattern with regard to volume of imports of groundnut oil. at the same time, the Netherlands (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the European Union, with a CAGR of +X% from 2007-2020. by contrast, Belgium (-X%), Germany (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of Italy (+X p.p.) and the Netherlands (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Belgium (-X p.p.), Germany (-X p.p.) and France (-X p.p.) displayed negative dynamics.

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

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

Import Prices by Country

In 2020, the groundnut oil import price in the European Union amounted to $X per tonne, surging 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-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the import price increased by X% y-o-y. The level of import peaked 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 ($X per tonne) and the Netherlands ($X per tonne), while Belgium ($X per tonne) and France ($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 groundnut oil in the the EU?
+
The countries with the highest volumes of groundnut oil consumption in 2020 were the Netherlands (60K tonnes), Italy (41K tonnes) and Poland (15K tonnes), together accounting for 85% of total consumption.
What are the largest producers of groundnut oil in the the EU?
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The Netherlands (51K tonnes) constituted the country with the largest volume of groundnut oil production, accounting for 59% of total volume. Moreover, groundnut oil production in the Netherlands exceeded the figures recorded by the second-largest producer, Poland (15K tonnes), threefold. The third position in this ranking was occupied by Belgium (6.3K tonnes), with a 7.3% share.
What are the leading suppliers of groundnut oil in the the EU?
+
In value terms, Belgium ($16M) remains the largest groundnut oil supplier in the European Union, comprising 46% of total exports. The second position in the ranking was occupied by France ($5.3M), with a 15% share of total exports. It was followed by Italy, with a 13% share.
What are the leading importers of groundnut oil in the the EU?
+
In value terms, Italy ($66M) constitutes the largest market for imported groundnut oil in the European Union, comprising 57% of total imports. The second position in the ranking was occupied by the Netherlands ($20M), with a 17% share of total imports. It was followed by France, with a 12% share.
What is the average export price for groundnut oil in the the EU?
+
The groundnut oil export price in the European Union stood at $2,162 per tonne in 2020, with an increase of 24% against the previous year.
What is the average import price for groundnut oil in the the EU?
+
The groundnut oil import price in the European Union stood at $1,710 per tonne in 2020, with an increase of 28% against the previous year.

Product coverage:
• FCL 244 - Oil of Groundnuts

This report provides an in-depth analysis of the 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

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 2030
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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