China - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGroundnut Oil Prices in China
China Groundnut Oil Import Price in September 2022
In September 2022, the groundnut oil price stood at $1,990 per ton, therefore (CIF, China), remained relatively stable against the previous month. Over the last eight months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 8.7% m-o-m. Over the period under review, average import prices reached the peak figure in September 2022.
Average prices varied noticeably amongst the major supplying countries. In September 2022, the highest price was recorded for prices from Sudan ($2,061 per ton) and Brazil ($2,000 per ton), while the price for India ($1,946 per ton) and Argentina ($1,983 per ton) were amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
China Groundnut Oil Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In September 2022, the product with the highest price was crude groundnut oil ($1,991 per ton), while the price for refined groundnut oil totaled $1,456 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by crude groundnut oil (+1.4%).
China Groundnut Oil Imports
In September 2022, after four months of growth, there was significant decline in purchases abroad of groundnut oil, when their volume decreased by -17.9% to 24K tons. In general, imports, however, posted noticeable growth. The growth pace was the most rapid in May 2022 with an increase of 57% against the previous month. Over the period under review, imports attained the maximum at 29K tons in August 2022, and then dropped markedly in the following month.
In value terms, groundnut oil imports fell markedly to $47M (IndexBox estimates) in September 2022. Overall, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in July 2022 with an increase of 61% month-to-month. Over the period under review, imports hit record highs at 57K tons in August 2022, and then shrank markedly in the following month.
China Groundnut Oil Imports by Type
In September 2022, crude groundnut oil (24K tons) was the main type of groundnut oil supplied to China, with a 100% share of total imports. It was followed by refined groundnut oil (29 tons), with a 0.1% share of total imports.
From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of import of crude groundnut oil amounted to +4.4%.
In value terms, crude groundnut oil ($47M) constituted the largest type of groundnut oil supplied to China, comprising 100% of total imports. The second position in the ranking was taken by refined groundnut oil ($43K), with a 0.1% share of total imports.
China Groundnut Oil Imports by Country
In September 2022, Brazil (14K tons) constituted the largest supplier of groundnut oil to China, accounting for a 60% share of total imports. Moreover, groundnut oil imports from Brazil exceeded the figures recorded by the second-largest supplier, India (4.1K tons), threefold. The third position in this ranking was held by Argentina (3.9K tons), with a 17% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume from Brazil stood at +8.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (-0.8% per month) and Argentina (+0.3% per month).
In value terms, Brazil ($28M) constituted the largest supplier of groundnut oil to China, comprising 60% of total imports. The second position in the ranking was taken by India ($8M), with a 17% share of total imports. It was followed by Argentina, with a 17% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value from Brazil totaled +10.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (+0.5% per month) and Argentina (+0.4% per month).
This report provides an in-depth analysis of the groundnut oil market in China. 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 2030.
Product coverage:
- FCL 244 - Oil of Groundnuts
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
846
This report provides an in-depth analysis of the groundnut oil market in China.
306
This report provides an in-depth analysis of the market for ground-nut oil and its fractions in China.
344
This report provides an in-depth analysis of the crude groundnut oil market in China.
353
This report provides an in-depth analysis of the refined groundnut oil market in China.
2512
This report provides an in-depth analysis of the global groundnut oil market.
474
Global Market for Ground-Nut Oil And Its Fractions. This report provides an in-depth analysis of the global market for ground-nut oil and its fractions.
1078
This report provides an in-depth analysis of the global crude groundnut oil market.
510
This report provides an in-depth analysis of the global refined groundnut oil market.
846
This report provides an in-depth analysis of the groundnut oil market in China.
306
This report provides an in-depth analysis of the market for ground-nut oil and its fractions in China.
211
In December 2022, the growth rate for the import of Groundnut Oil was at its highest, with a 60% increase compared to the previous month. In terms of value, Groundnut Oil imports reached $35 million in September 2023.
227
Crude Groundnut Oil imports drastically decreased to $36M in June 2023 in terms of value.
228
In value terms, refined groundnut oil exports fell notably to $1.8M in April 2023.
818
Global groundnut oil imports reached $671M in 2020. In physical terms, global imports spiked by +15% y-o-y to 444K tons in 2020, mainly due to rising demand from China. China represents the world’s largest importer of groundnut oil, with a 61%-share of global import volume. In 2020, China’s groundnut oil imports jumped from $225M to $433M. Brazil and Argentina remain the key exporters of groundnut oil.
1593
In 2015, the countries with the highest levels of ground-nut oil production were China (X thousand tons), India (X thousand tons), Nigeria (X thousand tons), together accounting for X% of total output.
2216
Argentina dominates in the global ground-nut oil trade. In 2014, Argentina exported X thousand tons of ground-nut oil totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total grou
211
In December 2022, the growth rate for the import of Groundnut Oil was at its highest, with a 60% increase compared to the previous month. In terms of value, Groundnut Oil imports reached $35 million in September 2023.
227
Crude Groundnut Oil imports drastically decreased to $36M in June 2023 in terms of value.
228
In value terms, refined groundnut oil exports fell notably to $1.8M in April 2023.
818
Global groundnut oil imports reached $671M in 2020. In physical terms, global imports spiked by +15% y-o-y to 444K tons in 2020, mainly due to rising demand from China. China represents the world’s largest importer of groundnut oil, with a 61%-share of global import volume. In 2020, China’s groundnut oil imports jumped from $225M to $433M. Brazil and Argentina remain the key exporters of groundnut oil.
