Overview of the Global Market for Ground-Nut Oil And Its Fractions

Exports of Ground-Nut Oil And Its Fractions

Exports 2007-2017

Global exports stood at X tons in 2017, going down by -X% against the previous year. In general, exports of ground-nut oil and its fractions continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, when exports increased by X% year-to-year. In that year, the global exports of ground-nut oil and its fractions reached their peak volume of X tons. From 2016 to 2017, growth of the global exports of ground-nut oil and its fractions failed to regain its momentum.

In value terms, exports of ground-nut oil and its fractions stood at $X in 2017. In general, the total exports indicated a measured increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the exports of ground-nut oil and its fractions decreased by -X% against 2012 indices. In that year, the global exports of ground-nut oil and its fractions reached their peak level of $X. From 2013 to 2017, growth of the global exports of ground-nut oil and its fractions stood at a somewhat lower level.

Exports by Country

Argentina was the major exporter of ground-nut oil and its fractions in the world, with the volume of exports amounting to X tons, which was near X% of total exports in 2017. Brazil (X tons) ranks second in terms of the global exports with a X% share, 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.

Exports from Argentina increased at an average annual rate of +X% from 2007 to 2017. 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. From 2007 to 2017, the share of Senegal, Belgium and France increased by X%, X% and X% percentage points, while Nicaragua (-X%), China (-X%), Brazil (-X%) and Argentina (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The average export price for ground-nut oil and its fractions stood at $X per ton in 2017, going up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011, an increase of X% year-to-year. Over the period under review, the average export prices for ground-nut oil and its fractions attained its maximum level of $X per ton in 2012; however, from 2013 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 global leaders experienced more modest paces of growth.

Imports of Ground-Nut Oil And Its Fractions

Imports 2007-2017

In 2017, the amount of ground-nut oil and its fractions imported worldwide stood at X tons, coming down by -X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. In that year, the global imports of ground-nut oil and its fractions attained their peak volume of X tons. From 2016 to 2017, growth of the global imports of ground-nut oil and its fractions stood at a somewhat lower level.

In value terms, imports of ground-nut oil and its fractions stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Global imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Imports by Country

China represented the key importer of ground-nut oil and its fractions in the world, with the volume of imports reaching X tons, which was near X% of total imports in 2017. Italy (X tons) ranks second in terms of the global imports with a X% share, 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) took the weak share of total imports.

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. From 2007 to 2017, the share of France and Belgium increased by X% and X% percentage points, while Italy (-X%), the U.S. (-X%), the Netherlands (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, imports of ground-nut oil and its fractions expanded at an average annual rate of +X% over the period from 2007-2017. 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 by Country

In 2017, the average import price for ground-nut oil and its fractions amounted to $X per ton, approximately reflecting the previous year. In general, the import price indicated a mild increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the import price for ground-nut oil and its fractions increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008, when the average import prices increased by X% y-o-y. Global import price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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 global leaders experienced more modest paces of growth.

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Source: IndexBox Platform