Uzbekistan - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact
Uzbekistan: Crude Groundnut Oil Market Overview 2021
Crude Groundnut Oil Market Size in Uzbekistan
The Uzbek crude groundnut oil market reached $X in 2020, approximately reflecting the previous year. Over the period under review, consumption showed a noticeable descent. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.
Crude Groundnut Oil Production in Uzbekistan
In value terms, crude groundnut oil production dropped to $X in 2020 estimated in export prices. Overall, production recorded a noticeable decrease. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% against the previous year. Crude groundnut oil production peaked at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.
Crude Groundnut Oil Exports
Exports from Uzbekistan
In 2020, after two years of decline, there was decline in overseas shipments of crude groundnut oil, when their volume decreased by X% to X kg. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, exports reached the maximum at X tonnes in 2017; however, from 2018 to 2020, exports failed to regain the momentum.
In value terms, crude groundnut oil exports totaled $X in 2020. Overall, exports saw a relatively flat trend pattern. Exports peaked at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.
Exports by Country
Russia (X tonnes) was the main destination for crude groundnut oil exports from Uzbekistan, with a approx. X% share of total exports.
From 2007 to 2017, the average annual growth rate of volume to Russia was relatively modest.
From 2007 to 2017, the average annual growth rate of value to Russia was relatively modest.
Export Prices by Country
In 2017, the average crude groundnut oil export price amounted to $X per tonne, almost unchanged from the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, average export prices hit record highs in 2017 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2007 to 2017, the rate of growth in terms of prices for Russia amounted to X% per year.
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, comprising approx. 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), with a combined 75% share of global production. These countries were followed by Sudan, Nicaragua, India and Gambia, which together accounted for a further 24%.
What is the average export price for crude groundnut oil in Uzbekistan?+
The average crude groundnut oil export price stood at $2,808 per tonne in 2017, stabilizing at the previous year.
This report provides an in-depth analysis of the crude groundnut oil market in Uzbekistan. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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