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Report Update: Dec 1, 2023

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

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Qatar: Groundnut Oil Market 2023

Groundnut Oil Market Size in Qatar

In 2021, the Qatari groundnut oil market decreased by -79.7% to $X, falling for the fourth year in a row after two years of growth. In general, consumption saw a abrupt downturn. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Groundnut Oil Exports

Exports from Qatar

In 2015, groundnut oil exports from Qatar was estimated at X kg, remaining constant against the year before. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2015 and are likely to continue growth in the immediate term.

In value terms, groundnut oil exports stood at $X in 2015. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2015 and are likely to continue growth in the near future.

Exports by Country

India (X kg) was the main destination for groundnut oil exports from Qatar, with a approx. 100% share of total exports.

From 2015 to 2015, the average annual rate of growth in terms of volume to India was relatively modest.

From 2015 to 2015, the average annual growth rate of value to India was relatively modest.

Groundnut Oil Imports

Imports into Qatar

In 2021, overseas purchases of groundnut oil decreased by -86.5% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by 656% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, groundnut oil imports shrank dramatically to $X in 2021. Overall, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2017 when imports increased by 1,218% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of groundnut oil to Qatar, with a 64% share of total imports. Moreover, groundnut oil imports from India exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. Kuwait (X tons) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India totaled +33.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+7.5% per year) and Kuwait (-74.6% per year).

In value terms, India ($X) constituted the largest supplier of groundnut oil to Qatar, comprising 67% of total imports. The second position in the ranking was taken by Belgium ($X), with a 30% share of total imports. It was followed by the United States, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +46.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+47.1% per year) and the United States (-23.4% per year).

Import Prices by Country

The average groundnut oil import price stood at $X per ton in 2021, picking up by 99.9% against the previous year. Overall, the import price posted a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+43.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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?

China remains the largest groundnut oil consuming country worldwide, 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 held by Nigeria, with a 7% share.

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

China remains the largest groundnut oil producing country worldwide, comprising approx. 34% of total volume. Moreover, groundnut oil production in China exceeded the figures recorded by the second-largest producer, South Africa, twofold. India ranked third in terms of total production with an 8.2% share.

What are the leading suppliers of groundnut oil to Qatar?

In value terms, India constituted the largest supplier of groundnut oil to Qatar, comprising 67% of total imports. The second position in the ranking was held by Belgium, with a 30% share of total imports. It was followed by the United States, with a 2% share.

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

In 2021, the average groundnut oil import price amounted to $2,763 per ton, growing by 99.9% against the previous year.

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

• Qatar

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Qatar

• 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. 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 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
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 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
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, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022