Report France - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 22, 2023

France - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights

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France: Crude Groundnut Oil Market 2023

Crude Groundnut Oil Market Size in France

After four years of decline, the French crude groundnut oil market increased by 54% to $X in 2021. In general, consumption, however, faced a deep downturn. Crude groundnut oil consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Crude Groundnut Oil Exports

Exports from France

In 2021, shipments abroad of crude groundnut oil increased by 1.1% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 80% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, crude groundnut oil exports rose rapidly to $X in 2021. Overall, exports enjoyed resilient growth. The growth pace was the most rapid in 2020 with an increase of 84%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for crude groundnut oil exports from France, with a 62% share of total exports. Moreover, crude groundnut oil exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), fivefold. New Caledonia (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+12.6% per year) and New Caledonia (+22.2% per year).

In value terms, Germany ($X) remains the key foreign market for crude groundnut oil exports from France, comprising 68% of total exports. The second position in the ranking was held by New Caledonia ($X), with a 10% share of total exports. It was followed by Belgium, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (+22.9% per year) and Belgium (+8.0% per year).

Export Prices by Country

In 2021, the average crude groundnut oil export price amounted to $X per ton, picking up by 14% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 14% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Groundnut Oil Imports

Imports into France

In 2021, purchases abroad of crude groundnut oil was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, faced a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by 41% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, crude groundnut oil imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a abrupt shrinkage. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Argentina (X tons) was the main supplier of crude groundnut oil to France, accounting for a approx. 98% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Argentina stood at -1.3%.

In value terms, Argentina ($X) constituted the largest supplier of crude groundnut oil to France.

From 2012 to 2021, the average annual growth rate of value from Argentina stood at -2.5%.

Import Prices by Country

The average crude groundnut oil import price stood at $X per ton in 2021, increasing by 26% against the previous year. Overall, the import price, however, continues to indicate a slight shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Argentina amounted to -1.1% per year.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for crude groundnut oil in the world?
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China remains the largest crude groundnut oil consuming country worldwide, accounting for 39% of total volume. Moreover, crude groundnut oil consumption in China exceeded the figures recorded by the second-largest consumer, South Africa, twofold. The third position in this ranking was held by Nigeria, with a 6.7% share.
What are the largest producers of crude groundnut oil in the world?
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The countries with the highest volumes of production in 2021 were China, South Africa and Nigeria, with a combined 63% share of global production. These countries were followed by India, Senegal, Myanmar, Sudan, Guinea, the United States and Argentina, which together accounted for a further 20%.
What are the leading suppliers of crude groundnut oil to France?
+
In value terms, Argentina constituted the largest supplier of crude groundnut oil to France.
What are the leading importers of crude groundnut oil from France?
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In value terms, Germany remains the key foreign market for crude groundnut oil exports from France, comprising 68% of total exports. The second position in the ranking was taken by New Caledonia, with a 10% share of total exports. It was followed by Belgium, with a 6.6% share.
What is the average export price for crude groundnut oil in France?
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In 2021, the average crude groundnut oil export price amounted to $3,803 per ton, growing by 14% against the previous year.
What is the average import price for crude groundnut oil in France?
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In 2021, the average crude groundnut oil import price amounted to $1,993 per ton, picking up by 26% against the previous year.

This report provides an in-depth analysis of the crude groundnut oil market in France. 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 2030.


Product coverage:
• FCL 244 - Oil of Groundnuts
Country coverage:
• France

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in France
• 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
REPORT DESCRIPTION
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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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