Africa: Market for Ground-Nut Oil And Its Fractions 2019

Exports of Ground-Nut Oil And Its Fractions in Africa

In 2017, approx. X tons of ground-nut oil and its fractions were exported in Africa; coming up by X% against the previous year. The exports of ground-nut oil and its fractions continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2010, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, exports of ground-nut oil and its fractions totaled $X in 2017. The exports of ground-nut oil and its fractions continue to indicate a drastic reduction. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Exports of Ground-Nut Oil And Its Fractions by Country in Africa

Senegal represented the major exporter of ground-nut oil and its fractions in Africa, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2017. It was distantly followed by Niger (X tons), achieving X% share of total exports. South Africa (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to ground-nut oil and its fractions exports from Senegal stood at -X%. At the same time, Niger (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, Niger emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. Senegal (X%) significantly strengthened its position in terms of the global exports, while Niger saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Senegal ($X) remains the largest ground-nut oil and its fractions supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Niger ($X), with a X% share of global exports. It was followed by South Africa, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Senegal stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Niger (+X% per year) and South Africa (+X% per year).

Export Prices for Ground-Nut Oil And Its Fractions by Country in Africa

In 2017, the export price for ground-nut oil and its fractions in Africa amounted to $X per ton, jumping by X% against the previous year. The export price indicated a prominent expansion 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 export price for ground-nut oil and its fractions decreased by -X% against 2015 indices. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the export prices for ground-nut oil and its fractions reached its maximum level of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Africa ($X per ton), while Niger ($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 Senegal (+X% per year), while the other leaders experienced a decline in the export price figures.

Imports of Ground-Nut Oil And Its Fractions in Africa

The imports stood at X tons in 2017, lowering by -X% against the previous year. The imports of ground-nut oil and its fractions continue to indicate a drastic downturn. The growth pace was the most rapid in 2011, when imports increased by -X% year-to-year. Over the period under review, the imports of ground-nut oil and its fractions attained its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, imports of ground-nut oil and its fractions amounted to $X in 2017. The imports of ground-nut oil and its fractions continue to indicate an abrupt descent. In that year, the imports of ground-nut oil and its fractions reached their peak level of $X. From 2014 to 2017, growth of the imports of ground-nut oil and its fractions failed to regain its momentum.

Imports of Ground-Nut Oil And Its Fractions by Country in Africa

The imports of the four major importers of ground-nut oil and its fractions, namely Benin, Togo, Senegal and Mauritania, represented more than two-thirds of total import. It was distantly followed by Botswana (X tons), making up X% share of total imports. The following importers - Zambia (X tons) and Lesotho (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Botswana (+X% per year), while the other leaders experienced more modest paces of growth.

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

From 2007 to 2017, the average annual growth rate of value in Benin totaled -X%. In the other countries, the average annual rates were as follows: Senegal (-X% per year) and Togo (-X% per year).

Import Prices for Ground-Nut Oil And Its Fractions by Country in Africa

In 2017, the import price for ground-nut oil and its fractions in Africa amounted to $X per ton, growing by X% against the previous year. The import price indicated a perceptible growth 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 decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. In that year, the import prices for ground-nut oil and its fractions reached their peak level of $X per ton. From 2014 to 2017, growth of the import prices for ground-nut oil and its fractions 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 Lesotho ($X per ton), while Togo ($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 Lesotho (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform