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Russian Federation - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights
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Russian Federation: Ground-Nut Oil Market Overview 2021

Ground-Nut Oil Market Size in the Russian Federation

In 2020, the Russian ground-nut oil market was finally on the rise to reach $X after two years of decline. In general, consumption, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Ground-Nut Oil Production in the Russian Federation

In value terms, ground-nut oil production reached $X in 2020 estimated in export prices. Over the period under review, production recorded significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Ground-nut oil production peaked in 2020 and is expected to retain growth in years to come.

Ground-Nut Oil Exports

Exports from the Russian Federation

In 2020, overseas shipments of ground-nut oil decreased by -X% to X kg for the first time since 2016, thus ending a three-year rising trend. Overall, exports saw a deep contraction. The pace of growth appeared the most rapid in 2019 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes, and then dropped sharply in the following year.

In value terms, ground-nut oil exports dropped notably to $X in 2020. In general, exports faced a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X kg) was the main destination for ground-nut oil exports from Russia, accounting for a X% share of total exports. Moreover, ground-nut oil exports to Kazakhstan exceeded the volume sent to the second major destination, Tajikistan (X kg), threefold. Belarus (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Kazakhstan amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (-X% per year) and Belarus (-X% per year).

In value terms, Kazakhstan ($X), Belarus ($X) and Tajikistan ($X) were the largest markets for ground-nut oil exported from Russia worldwide, together accounting for X% of total exports.

Belarus recorded 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 a decline.

Export Prices by Country

The average ground-nut oil export price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The export price peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Armenia ($X per tonne), while the average price for exports to Tajikistan ($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 Belarus, while the prices for the other major destinations experienced more modest paces of growth.

Ground-Nut Oil Imports

Imports into the Russian Federation

In 2020, approx. X tonnes of ground-nut oil were imported into Russia; waning by -X% on the previous year's figure. In general, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, ground-nut oil imports contracted sharply to $X in 2020. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest ground-nut oil supplier to Russia, accounting for a X% share of total imports. Moreover, ground-nut oil imports from China exceeded the figures recorded by the second-largest supplier, Ukraine (X tonnes), twofold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-X% per year) and Italy (-X% per year).

In value terms, the largest ground-nut oil suppliers to Russia were China ($X), Ukraine ($X) and Slovenia ($X), together comprising X% of total imports. These countries were followed by Italy and France, which together accounted for a further X saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average ground-nut oil import price stood at $X per tonne in 2020, approximately equating the previous year. Over the period under review, the import price, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Slovenia ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, 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 ground-nut oil in the world?
+
The country with the largest volume of ground-nut oil consumption was China (3.9M tonnes), comprising approx. 52% of total volume. Moreover, ground-nut oil consumption in China exceeded the figures recorded by the second-largest consumer, India (1.3M tonnes), threefold. Nigeria (330K tonnes) ranked third in terms of total consumption with a 4.4% share.
What are the largest producers of ground-nut oil in the world?
+
China (3.6M tonnes) constituted the country with the largest volume of ground-nut oil production, accounting for 49% of total volume. Moreover, ground-nut oil production in China exceeded the figures recorded by the second-largest producer, India (1.5M tonnes), twofold. The third position in this ranking was occupied by Nigeria (330K tonnes), with a 4.4% share.
What are the leading suppliers of ground-nut oil to the Russian Federation?
+
In value terms, China ($19K), Ukraine ($14K) and Slovenia ($7.3K) constituted the largest ground-nut oil suppliers to Russia, with a combined 85% share of total imports. These countries were followed by Italy and France, which together accounted for a further 14%.
What are the leading importers of ground-nut oil from the Russian Federation?
+
In value terms, the largest markets for ground-nut oil exported from Russia were Kazakhstan ($361), Belarus ($229) and Tajikistan ($65), together comprising 94% of total exports.
What is the average export price for ground-nut oil in the Russian Federation?
+
The average ground-nut oil export price stood at $5,718 per tonne in 2020, picking up by 607% against the previous year.
What is the average import price for ground-nut oil in the Russian Federation?
+
In 2020, the average ground-nut oil import price amounted to $2,683 per tonne, remaining stable against the previous year.

Product coverage:
• FCL 244 - Oil of Groundnuts

This report provides an in-depth analysis of the ground-nut oil market in the Russian Federation. 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:
• Russia

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