Report World - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 12, 2022

World - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Pricing Plan

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, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Global Groundnut Oil Market 2022

Production By Country

The country with the largest volume of groundnut oil production was China (X tonnes), accounting for X% of total volume. Moreover, groundnut oil production in China exceeded the figures recorded by the second-largest producer, Nigeria (X tonnes), fivefold. India (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Nigeria (-X% per year) and India (-X% per year).

Groundnut Oil Exports

Exports

In 2020, overseas shipments of groundnut oil increased by X% to X tonnes, rising for the third year in a row after two years of decline. Over the period under review, total exports indicated a noticeable increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, groundnut oil exports surged to $X in 2020. Overall, total exports indicated resilient growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India was the major exporting country with an export of about X tonnes, which reached X% of total exports. Brazil (X tonnes) held an X% share (based on tonnes) of total exports, which put it in second place, followed by Argentina (X%). Nicaragua (X tonnes), the United States (X tonnes), China (X tonnes), Senegal (X tonnes) and Belgium (X tonnes) followed a long way behind the leaders.

India was also the fastest-growing in terms of the groundnut oil exports, with a CAGR of +X% from 2007 to 2020. At the same time, Brazil (+X%), the United States (+X%) and Argentina (+X%) displayed positive paces of growth. China and Nicaragua experienced a relatively flat trend pattern. By contrast, Belgium (-X%) and Senegal (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of India and Brazil increased by +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) emerged as the largest groundnut oil supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with an X% share of global exports. It was followed by Argentina, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in India stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+X% per year) and Argentina (+X% per year).

Export Prices by Country

In 2020, the average groundnut oil export price amounted to $X per tonne, increasing by X% against the previous year. In general, export price indicated a modest increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, groundnut oil export price increased by +X% against 2018 indices. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the other global leaders experienced more modest paces of growth.

Groundnut Oil Imports

Imports

For the fourth year in a row, the global market recorded growth in supplies from abroad of groundnut oil, which increased by X% to X tonnes in 2020. Over the period under review, total imports indicated a buoyant expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Global imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, groundnut oil imports surged to $X in 2020. In general, total imports indicated a remarkable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China dominates groundnut oil imports structure, reaching X tonnes, which was near X% of total imports in 2020. Afghanistan (X tonnes) took the second position in the ranking, followed by Italy (X tonnes). All these countries together held near X% share of total imports. Hong Kong SAR (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes) and France (X tonnes) took a relatively small share of total imports.

From 2007 to 2020, average annual rates of growth with regard to groundnut oil imports into China stood at +X%. At the same time, Afghanistan (+X%), the Netherlands (+X%), Belgium (+X%) and Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. Italy experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. China (+X p.p.) and Afghanistan (+X p.p.) significantly strengthened its position in terms of the global imports, while Belgium, Hong Kong SAR, Italy and France saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported groundnut oil worldwide, comprising X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, the average annual growth rate 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 Hong Kong SAR (+X% per year).

Import Prices by Country

In 2020, the average groundnut oil import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Global import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Hong Kong SAR ($X per tonne), while Afghanistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for groundnut oil in the world?
+
China constituted the country with the largest volume of groundnut oil consumption, accounting for 47% of total volume. Moreover, groundnut oil consumption in China exceeded the figures recorded by the second-largest consumer, Nigeria, sixfold. The third position in this ranking was occupied by Sudan, with a 4.5% share.
What are the largest producers of groundnut oil in the world?
+
China constituted the country with the largest volume of groundnut oil production, accounting for 41% of total volume. Moreover, groundnut oil production in China exceeded the figures recorded by the second-largest producer, Nigeria, fivefold. India ranked third in terms of total production with a 6.9% share.
What are the leading suppliers of groundnut oil in the world?
+
In value terms, India emerged as the largest groundnut oil supplier worldwide, comprising 48% of global exports. The second position in the ranking was occupied by Brazil, with an 18% share of global exports. It was followed by Argentina, with a 12% share.
What are the leading importers of groundnut oil in the world?
+
In value terms, China constitutes the largest market for imported groundnut oil worldwide, comprising 65% of global imports. The second position in the ranking was occupied by Italy, with a 9.9% share of global imports. It was followed by Hong Kong SAR, with a 4.6% share.
What is the average export price for groundnut oil in the world?
+
The average groundnut oil export price stood at $1,704 per tonne in 2020, growing by 36% against the previous year.
What is the average import price for groundnut oil in the world?
+
In 2020, the average groundnut oil import price amounted to $1,534 per tonne, jumping by 33% against the previous year.

This report provides an in-depth analysis of the global groundnut oil market. 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.


Product coverage:
• FCL 244 - Oil of Groundnuts

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Physical Terms, By Country, 2007–2021
Table 7:
Imports, In Value Terms, By Country, 2007–2021
Table 8:
Import Prices, By Country Of Destination, 2007–2021
Table 9:
Exports, In Physical Terms, By Country, 2007–2021
Table 10:
Exports, In Value Terms, By Country, 2007–2021
Table 11:
Export Prices, By Country Of Origin, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2021
Figure 17:
Production, In Value Terms, 2007–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2007–2021
Figure 20:
Imports, In Physical Terms, 2007–2021
Figure 21:
Imports, In Value Terms, 2007–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2007–2021
Figure 24:
Imports, In Value Terms, By Country, 2007–2021
Figure 25:
Import Prices, By Country, 2007–2021
Figure 26:
Exports, In Physical Terms, 2007–2021
Figure 27:
Exports, In Value Terms, 2007–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2007–2021
Figure 30:
Exports, In Value Terms, By Country, 2007–2021
Figure 31:
Export Prices, 2007–2021
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET

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