Latest Report Update: May 16, 2021

U.S. - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

U.S.: Crude Groundnut Oil Market Overview 2021

Crude Groundnut Oil Market Size in the U.S.

The U.S. crude groundnut oil market stood at $X in 2020, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a slight increase. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Crude Groundnut Oil Exports

Exports from the U.S.

In 2020, crude groundnut oil exports from the U.S. contracted to X tonnes, which is down by -X% compared with the previous year. Overall, exports recorded a deep contraction. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, crude groundnut oil exports declined to $X in 2020. In general, exports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

China (X tonnes) was the main destination for crude groundnut oil exports from the U.S., with a X% share of total exports. Moreover, crude groundnut oil exports to China exceeded the volume sent to the second major destination, Belgium (X tonnes), threefold. The third position in this ranking was occupied by Canada (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Canada (-X% per year).

In value terms, China ($X) remains the key foreign market for crude groundnut oil exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Germany (-X% per year).

Export Prices by Country

In 2020, the average crude groundnut oil export price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the export price enjoyed a tangible increase. The growth pace was the most rapid in 2012 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

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

Crude Groundnut Oil Imports

Imports into the U.S.

Crude groundnut oil imports into the U.S. contracted slightly to X tonnes in 2020, flattening at the previous year's figure. Over the period under review, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, crude groundnut oil imports declined modestly to $X in 2020. Overall, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2009 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Argentina (X tonnes) was the main crude groundnut oil supplier to the U.S., accounting for a X% share of total imports. It was followed by China (X tonnes), with a X% share of total imports. The third position in this ranking was occupied by Mexico (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Argentina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Mexico (-X% per year).

In value terms, Argentina ($X) constituted the largest supplier of crude groundnut oil to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Argentina totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (+X% per year).

Import Prices by Country

In 2020, the average crude groundnut oil import price amounted to $X per tonne, leveling off at the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, 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 Germany ($X per tonne), while the price for Argentina ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude groundnut oil in the world?
+
China (269K tonnes) constituted the country with the largest volume of crude groundnut oil consumption, accounting for 53% of total volume. Moreover, crude groundnut oil consumption in China exceeded the figures recorded by the second-largest consumer, Senegal (93K tonnes), threefold. Italy (39K tonnes) ranked third in terms of total consumption with a 7.7% share.
What are the largest producers of crude groundnut oil in the world?
+
The countries with the highest volumes of crude groundnut oil production in 2020 were Senegal (101K tonnes), Argentina (99K tonnes) and Brazil (72K tonnes), together accounting for 75% of global production. These countries were followed by Sudan, Nicaragua, India and Gambia, which together accounted for a further 24%.
What are the leading suppliers of crude groundnut oil to the U.S.?
+
In value terms, Argentina ($11M) constituted the largest supplier of crude groundnut oil to the U.S., comprising 77% of total imports. The second position in the ranking was occupied by Germany ($1.2M), with a 8.8% share of total imports. It was followed by China, with a 7.6% share.
What are the leading importers of crude groundnut oil from the U.S.?
+
In value terms, China ($2.2M) remains the key foreign market for crude groundnut oil exports from the U.S., comprising 53% of total exports. The second position in the ranking was occupied by Belgium ($818K), with a 20% share of total exports. It was followed by Germany, with a 11% share.
What is the average export price for crude groundnut oil in the U.S.?
+
The average crude groundnut oil export price stood at $2,096 per tonne in 2020, increasing by 4.7% against the previous year.
What is the average import price for crude groundnut oil in the U.S.?
+
The average crude groundnut oil import price stood at $1,116 per tonne in 2020, remaining stable against the previous year.

Product coverage:
• Prodcom 10412200 - Crude groundnut oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the crude groundnut oil market in the U.S.. 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:
• USA

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

Webinar: Global Graphite Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global graphite market.



Tuesday, May 18th, 2021 @ 04:00 pm ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Tuesday, June 1st, 2021 @ 04:00 pm ET


Register

Webinar: Global Biodiesel Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global biodiesel market.



Thursday, June 10th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data