Report Update Apr 1, 2024

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

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Nepal: Groundnut Oil Market 2024

Groundnut Oil Market Size in Nepal

The Nepalese groundnut oil market reduced slightly to $X in 2022, waning by X% against the previous year. Overall, consumption, however, posted a buoyant expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Groundnut Oil Production in Nepal

In value terms, groundnut oil production reduced slightly to $X in 2022 estimated in export price. In general, production, however, enjoyed strong growth. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

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Groundnut Oil Exports

Exports from Nepal

In 2020, after two years of decline, there was decline in shipments abroad of groundnut oil, when their volume decreased by X% to X kg. Over the period under review, exports saw a moderate expansion. The smallest decline of X% was in 2018. Over the period under review, the exports reached the maximum in 2020 and are likely to see steady growth in the near future.

In value terms, groundnut oil exports amounted to $X in 2020. In general, exports continue to indicate a dramatic setback. The smallest decline of X% was in 2018. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2020, the exports remained at a lower figure.

Exports by Country

Macao SAR (X kg) was the main destination for groundnut oil exports from Nepal, accounting for a approx. X% share of total exports.

From 2015 to 2020, the average annual growth rate of volume to Macao SAR was relatively modest.

From 2015 to 2020, the average annual growth rate of value to Macao SAR was relatively modest.

Export Prices by Country

The average groundnut oil export price stood at $X per ton in 2020, remaining relatively unchanged against the previous year. Overall, the export price showed a sharp decrease. The most prominent rate of growth was recorded in 2018 a decrease of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2020, the export prices failed to regain momentum.

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

From 2015 to 2020, the rate of growth in terms of prices for India amounted to X% per year.

Groundnut Oil Imports

Imports into Nepal

Groundnut oil imports into Nepal declined dramatically to X kg in 2022, with a decrease of X% on the year before. In general, imports faced a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, groundnut oil imports declined significantly to $X in 2022. Overall, imports recorded a significant decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X kg) was the main supplier of groundnut oil to Nepal, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India amounted to X%.

In value terms, India ($X) constituted the largest supplier of groundnut oil to Nepal.

From 2012 to 2022, the average annual growth rate of value from India totaled X%.

Import Prices by Country

The average groundnut oil import price stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price posted buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for groundnut oil in the world?

The country with the largest volume of groundnut oil consumption was China, comprising approx. 37% of total volume. Moreover, 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 India, with a 7.2% share.

What are the largest producers of groundnut oil in the world?

The countries with the highest volumes of production in 2022 were China, South Africa and India, with a combined 59% share of global production. Nigeria, Myanmar, Brazil, Sudan, Senegal, Guinea, the United States and Argentina lagged somewhat behind, together comprising a further 25%.

What are the leading suppliers of groundnut oil to Nepal?

In value terms, India constituted the largest supplier of groundnut oil to Nepal.

What is the average export price for groundnut oil in Nepal?

In 2020, the average groundnut oil export price amounted to $2,675 per ton, remaining constant against the previous year.

What is the average import price for groundnut oil in Nepal?

The average groundnut oil import price stood at $1,371 per ton in 2022, approximately mirroring the previous year.

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

Nepal

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023