Report Germany - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 1, 2023

Germany - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights

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Germany: Groundnut Oil Market 2023

Groundnut Oil Market Size in Germany

In 2021, the German groundnut oil market decreased by -19.2% to $X, falling for the second year in a row after three years of growth. Overall, consumption showed a abrupt decrease. Groundnut oil consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Groundnut Oil Exports

Exports from Germany

In 2021, approx. X tons of groundnut oil were exported from Germany; growing by 40% on the year before. In general, exports saw resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, groundnut oil exports soared to $X in 2021. Overall, exports saw strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Austria (X tons) was the main destination for groundnut oil exports from Germany, with a 31% share of total exports. Moreover, groundnut oil exports to Austria exceeded the volume sent to the second major destination, Switzerland (X tons), twofold. The third position in this ranking was held by Italy (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Austria amounted to +18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+9.7% per year) and Italy (+23.5% per year).

In value terms, the largest markets for groundnut oil exported from Germany were Austria ($X), Italy ($X) and Switzerland ($X), with a combined 48% share of total exports. The United States, Spain, the Netherlands, Poland, France, the Czech Republic, Jordan, Indonesia and Hungary lagged somewhat behind, together comprising a further 37%.

The United States, with a CAGR of +136.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average groundnut oil export price stood at $X per ton in 2021, picking up by 12% against the previous year. Overall, the export price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to France ($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 Hungary (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Groundnut Oil Imports

Imports into Germany

In 2021, supplies from abroad of groundnut oil decreased by -9.8% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 63% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, groundnut oil imports rose markedly to $X in 2021. In general, imports saw a perceptible curtailment. The growth pace was the most rapid in 2019 with an increase of 47% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X tons), Italy (X tons) and France (X tons) were the main suppliers of groundnut oil imports to Germany, with a combined 71% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +21.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest groundnut oil suppliers to Germany were Belgium ($X), Italy ($X) and France ($X), together accounting for 66% of total imports.

Italy, with a CAGR of +20.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average groundnut oil import price amounted to $X per ton, jumping by 25% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 30% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Austria ($X per ton), while the price for Belgium ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox 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 groundnut oil in the world?
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The country with the largest volume of groundnut oil consumption was China, comprising approx. 42% of total volume. Moreover, groundnut oil consumption in China exceeded the figures recorded by the second-largest consumer, South Africa, fivefold. The third position in this ranking was taken by Nigeria, with a 7% share.
What are the largest producers of groundnut oil in the world?
+
The country with the largest volume of groundnut oil production was China, comprising approx. 34% of total volume. Moreover, groundnut oil production in China exceeded the figures recorded by the second-largest producer, South Africa, twofold. The third position in this ranking was taken by India, with an 8.2% share.
What are the leading suppliers of groundnut oil to Germany?
+
In value terms, the largest groundnut oil suppliers to Germany were Belgium, Italy and France, with a combined 66% share of total imports.
What are the leading importers of groundnut oil from Germany?
+
In value terms, Austria, Italy and Switzerland constituted the largest markets for groundnut oil exported from Germany worldwide, with a combined 48% share of total exports. The United States, Spain, the Netherlands, Poland, France, the Czech Republic, Jordan, Indonesia and Hungary lagged somewhat behind, together comprising a further 37%.
What is the average export price for groundnut oil in Germany?
+
The average groundnut oil export price stood at $3,808 per ton in 2021, increasing by 12% against the previous year.
What is the average import price for groundnut oil in Germany?
+
The average groundnut oil import price stood at $2,736 per ton in 2021, rising by 25% against the previous year.

This report provides an in-depth analysis of the groundnut oil market in Germany. 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:
• Germany

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Germany
• 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 2012-2022
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, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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