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

Refined Groundnut Oil Market Size in Kazakhstan

The Kazakh refined groundnut oil market declined dramatically to $X in 2019, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption faced a abrupt slump. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Refined Groundnut Oil Exports

Exports from Kazakhstan

In 2019, overseas shipments of refined groundnut oil decreased by X% to X kg for the first time since 2016, thus ending a two-year declining trend. In general, exports continue to indicate a relatively flat trend pattern. Exports peaked at X kg in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, refined groundnut oil exports totaled $X in 2019. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, exports attained the maximum at $X in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

Exports by Country

The Netherlands (X kg) was the main destination for refined groundnut oil exports from Kazakhstan, with a approx. X% share of total exports.

From 2007 to 2016, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2007 to 2016, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

In 2016, the average refined groundnut oil export price amounted to $X per tonne, approximately reflecting the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked in 2016 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2007 to 2016, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Refined Groundnut Oil Imports

Imports into Kazakhstan

In 2019, purchases abroad of refined groundnut oil decreased by -X% to X kg, falling for the fifth year in a row after two years of growth. In general, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, refined groundnut oil imports shrank markedly to $X in 2019. Over the period under review, imports continue to indicate a deep setback. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, the U.S. (X kg) constituted the largest supplier of refined groundnut oil to Kazakhstan, accounting for a X% share of total imports. Moreover, refined groundnut oil imports from the U.S. exceeded the figures recorded by the second-largest supplier, Egypt (X kg), fivefold. Uzbekistan (X kg) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-X% per year) and Uzbekistan (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of refined groundnut oil to Kazakhstan, comprising X% of total imports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2007 to 2019, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-X% per year) and Uzbekistan (+X% per year).

Import Prices by Country

In 2019, the average refined groundnut oil import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, 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) remains the largest refined groundnut oil consuming country worldwide, 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) remains the largest refined groundnut oil producing country worldwide, comprising approx. 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 Kazakhstan?
+
In value terms, the U.S. ($328) constituted the largest supplier of refined groundnut oil to Kazakhstan, comprising 69% of total imports. The second position in the ranking was occupied by Egypt ($76), with a 16% share of total imports. It was followed by Uzbekistan, with a 5.2% share.
What is the average export price for refined groundnut oil in Kazakhstan?
+
The average refined groundnut oil export price stood at $1,000 per tonne in 2016, approximately mirroring the previous year.
What is the average import price for refined groundnut oil in Kazakhstan?
+
In 2019, the average refined groundnut oil import price amounted to $2,731 per tonne, growing by 5.5% 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 Kazakhstan. 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:
• Kazakhstan

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