Report Northern America - Refined Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Northern America - Refined Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights
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Northern America: Refined Groundnut Oil Market 2022

Refined Groundnut Oil Market Size in Northern America

The North American refined groundnut oil market rose sharply to $X in 2021, increasing by X% against the previous year. Overall, consumption recorded a resilient expansion. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Refined Groundnut Oil Production in Northern America

In value terms, refined groundnut oil production rose rapidly to $X in 2021 estimated in export price. In general, production posted a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Refined Groundnut Oil Exports

Exports in Northern America

In 2021, approx. X tons of refined groundnut oil were exported in Northern America; jumping by X% on 2020 figures. Over the period under review, exports, however, showed a noticeable curtailment. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, refined groundnut oil exports skyrocketed to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) represented roughly X% of total exports in 2021.

The United States was also the fastest-growing in terms of the refined groundnut oil exports, with a CAGR of -X% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest refined groundnut oil supplier in Northern America.

In the United States, refined groundnut oil exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +X% per year.

Refined Groundnut Oil Imports

Imports in Northern America

Refined groundnut oil imports expanded significantly to X tons in 2021, increasing by X% on the previous year. Over the period under review, imports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, refined groundnut oil imports expanded markedly to $X in 2021. Total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Canada was the main importer of refined groundnut oil in Northern America, with the volume of imports recording X tons, which was near X% of total imports in 2021. It was distantly followed by the United States (X tons), generating a X% share of total imports.

Canada was also the fastest-growing in terms of the refined groundnut oil imports, with a CAGR of -X% from 2012 to 2021. the United States (-X%) illustrated a downward trend over the same period. Canada (+X p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, Canada ($X) constitutes the largest market for imported refined groundnut oil in Northern America, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Canada amounted to +X%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, rising by X% against the previous year. Import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, refined groundnut oil import price increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%).

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for refined groundnut oil in Northern America?
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The United States remains the largest refined groundnut oil consuming country in Northern America, comprising approx. 90% of total volume. Moreover, refined groundnut oil consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, ninefold.
What are the largest producers of refined groundnut oil in Northern America?
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The United States constituted the country with the largest volume of refined groundnut oil production, accounting for 91% of total volume. Moreover, refined groundnut oil production in the United States exceeded the figures recorded by the second-largest producer, Canada, tenfold.
What are the leading exporters of refined groundnut oil in Northern America?
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In value terms, the United States remains the largest refined groundnut oil supplier in Northern America.
What are the leading importers of refined groundnut oil in Northern America?
+
In value terms, Canada constitutes the largest market for imported refined groundnut oil in Northern America, comprising 71% of total imports. The second position in the ranking was taken by the United States, with a 29% share of total imports.
What is the average export price for refined groundnut oil in Northern America?
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The export price in Northern America stood at $2,442 per ton in 2021, increasing by 8.5% against the previous year.
What is the average import price for refined groundnut oil in Northern America?
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In 2021, the import price in Northern America amounted to $2,683 per ton, with an increase of 3.4% against the previous year.

This report provides an in-depth analysis of the refined groundnut oil market in Northern America. 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:
• Prodcom 10415200 - Refined groundnut oil and its fractions (excluding chemically modified)
Country coverage:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• United States
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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