Latest Report Update: May 14, 2021

Malaysia - Refined Groundnut Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Malaysia: Refined Groundnut Oil Market Overview 2021

Refined Groundnut Oil Market Size in Malaysia

For the fourth consecutive year, the Malaysian refined groundnut oil market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption, however, saw a noticeable curtailment. Refined groundnut oil consumption peaked at $X in 2011; however, from 2012 to 2020, consumption stood at a somewhat lower figure.

Refined Groundnut Oil Exports

Exports from Malaysia

In 2020, after two years of growth, there was significant decline in overseas shipments of refined groundnut oil, when their volume decreased by -X% to X tonnes. Overall, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, refined groundnut oil exports shrank significantly to $X in 2020. In general, exports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2009 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2019, and then shrank significantly in the following year.

Exports by Country

Benin (X tonnes), Senegal (X tonnes) and Burkina Faso (X tonnes) were the main destinations of refined groundnut oil exports from Malaysia, together comprising X% of total exports.

From 2007 to 2020, the biggest increases were in Burkina Faso, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refined groundnut oil exported from Malaysia were Senegal ($X), Guinea ($X) and Benin ($X), with a combined X% share of total exports.

Guinea saw the highest growth rate of 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

In 2020, the average refined groundnut oil export price amounted to $X per tonne, surging by X% against the previous year. Overall, the export price showed a perceptible expansion. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Guinea ($X per tonne), while the average price for exports to Burkina Faso ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Guinea, while the prices for the other major destinations experienced more modest paces of growth.

Refined Groundnut Oil Imports

Imports into Malaysia

In 2020, approx. X tonnes of refined groundnut oil were imported into Malaysia; growing by X% on the previous year. In general, imports, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2012 to 2020, the growth imports failed to regain the momentum.

In value terms, refined groundnut oil imports soared to $X in 2020. Overall, imports, however, showed a slight descent. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2012 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of refined groundnut oil to Malaysia, with a X% share of total imports. Moreover, refined groundnut oil imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%.

In value terms, China ($X) constituted the largest supplier of refined groundnut oil to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from China amounted to +X%.

Import Prices by Country

The average refined groundnut oil import price stood at $X per tonne in 2020, growing by X% against the previous year. Overall, import price indicated a slight 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. Based on 2020 figures, refined groundnut oil import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Singapore ($X per tonne), while the price for China amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined groundnut oil in the world?
+
The countries with the highest volumes of refined groundnut oil consumption in 2020 were Italy (38K tonnes), Afghanistan (20K tonnes) and Belgium (11K tonnes), with a combined 56% share of global consumption.
What are the largest producers of refined groundnut oil in the world?
+
Italy (39K tonnes) constituted the country with the largest volume of refined groundnut oil production, accounting for 33% of total volume. Moreover, refined groundnut oil production in Italy exceeded the figures recorded by the second-largest producer, Belgium (17K tonnes), twofold. The third position in this ranking was occupied by China (12K tonnes), with a 10% share.
What are the leading suppliers of refined groundnut oil to Malaysia?
+
In value terms, China ($2.2M) constituted the largest supplier of refined groundnut oil to Malaysia, comprising 85% of total imports. The second position in the ranking was occupied by Singapore ($287K), with a 11% share of total imports.
What are the leading importers of refined groundnut oil from Malaysia?
+
In value terms, Senegal ($149K), Guinea ($136K) and Benin ($97K) were the largest markets for refined groundnut oil exported from Malaysia worldwide, with a combined 63% share of total exports.
What is the average export price for refined groundnut oil in Malaysia?
+
The average refined groundnut oil export price stood at $3,441 per tonne in 2020, jumping by 35% against the previous year.
What is the average import price for refined groundnut oil in Malaysia?
+
The average refined groundnut oil import price stood at $2,159 per tonne in 2020, rising by 5.8% 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 Malaysia. 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:
• Malaysia

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

Webinar: Global Graphite Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global graphite market.



Tuesday, May 18th, 2021 @ 04:00 pm ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Tuesday, June 1st, 2021 @ 04:00 pm ET


Register

Webinar: Global Biodiesel Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global biodiesel market.



Thursday, June 10th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data