Thailand: Market for Ground-Nut Oil And Its Fractions 2019

Exports of Ground-Nut Oil And Its Fractions from Thailand

In 2017, approx. X tons of ground-nut oil and its fractions were exported from Thailand; surging by X% against the previous year. In general, exports of ground-nut oil and its fractions continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2014, when exports increased by X% y-o-y. Thailand exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, exports of ground-nut oil and its fractions stood at $X in 2017. Overall, exports of ground-nut oil and its fractions continue to indicate a strong expansion. Over the period under review, the exports of ground-nut oil and its fractions attained its maximum level in 2017, and are likely to see steady growth in the near future.

Exports of Ground-Nut Oil And Its Fractions by Country from Thailand

Argentina was the key exporter of ground-nut oil and its fractions in the world, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2017. Brazil (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by China (X%), Nicaragua (X%), Senegal (X%) and Belgium (X%). The following exporters - India (X tons) and France (X tons) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to ground-nut oil and its fractions exports from Argentina stood at +X%. At the same time, Brazil (+X%), Nicaragua (+X%) and China (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, India (-X%), Belgium (-X%), France (-X%) and Senegal (-X%) illustrated a downward trend over the same period. While the share of Senegal (X%), Belgium (X%) and France (X%) increased significantly in terms of the global exports from 2007-2017, the share of Nicaragua (-X%), China (-X%), Brazil (-X%) and Argentina (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X), Brazil ($X) and Senegal ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

Brazil (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices for Ground-Nut Oil And Its Fractions by Country in Thailand

In 2017, the export price for ground-nut oil and its fractions in Thailand amounted to $X per ton, picking up by X% against the previous year. In general, export price for ground-nut oil and its fractions continues to indicate a moderate downturn. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. Thailand export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

Imports of Ground-Nut Oil And Its Fractions into Thailand

In 2017, approx. X tons of ground-nut oil and its fractions were imported into Thailand; falling by -X% against the previous year. In general, imports of ground-nut oil and its fractions continue to indicate a mild expansion. The pace of growth was the most pronounced in 2016, when imports increased by X% year-to-year. In that year, the imports of ground-nut oil and its fractions reached their peak volume of X tons, and then declined slightly in the following year.

In value terms, imports of ground-nut oil and its fractions amounted to $X in 2017. Overall, imports of ground-nut oil and its fractions continue to indicate a temperate expansion. Thailand imports peaked in 2017, and are likely to continue its growth in the immediate term.

Imports of Ground-Nut Oil And Its Fractions by Country into Thailand

China represented the major importer of ground-nut oil and its fractions in the world, with the volume of imports recording X tons, which was approx. X% of total imports in 2017. Italy (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by the U.S. (X%), the Netherlands (X%) and France (X%). China, Hong Kong SAR (X tons), Switzerland (X tons) and Belgium (X tons) followed a long way behind the leaders.

China was also the fastest growing in terms of the ground-nut oil and its fractions imports, with a CAGR of +X% from 2007 to 2017. At the same time, the Netherlands (+X%), the U.S. (+X%), Switzerland (+X%) and Italy (+X%) displayed positive paces of growth. By contrast, China, Hong Kong SAR (-X%), France (-X%) and Belgium (-X%) illustrated a downward trend over the same period. While the share of France (X%) and Belgium (X%) increased significantly in terms of the global imports from 2007-2017, the share of Italy (-X%), the U.S. (-X%), the Netherlands (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported ground-nut oil and its fractions into Thailand, making up X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the U.S. (+X% per year).

Import Prices for Ground-Nut Oil And Its Fractions by Country in Thailand

The import price for ground-nut oil and its fractions in Thailand stood at $X per ton in 2017, coming up by X% against the previous year. Overall, import price for ground-nut oil and its fractions continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, an increase of X% year-to-year. Thailand import price peaked of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was China, Hong Kong SAR ($X per ton), while Switzerland ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Source: IndexBox Platform