Report Update Jan 1, 2025

Algeria - Refined Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Refined Groundnut Oil Market 2025

Refined Groundnut Oil Market Size in Algeria

The Algerian refined groundnut oil market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption continues to indicate a resilient expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Refined Groundnut Oil Production in Algeria

In value terms, refined groundnut oil production stood at $X in 2021 estimated in export price. In general, production saw a resilient increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 73% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Refined Groundnut Oil Exports

Exports from Algeria

After three years of growth, overseas shipments of refined groundnut oil decreased by -89.6% to X kg in 2021. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 112% against the previous year. As a result, the exports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, refined groundnut oil exports reduced rapidly to $X in 2021. In general, exports, however, recorded a modest increase. The pace of growth was the most pronounced in 2020 when exports increased by 126%. As a result, the exports attained the peak of $X, and then fell dramatically in the following year.

Exports by Country

Niger (X kg) was the main destination for refined groundnut oil exports from Algeria, accounting for a 91% share of total exports. Moreover, refined groundnut oil exports to Niger exceeded the volume sent to the second major destination, Burkina Faso (X kg), tenfold.

From 2012 to 2021, the average annual growth rate of volume to Niger totaled -8.1%.

In value terms, Niger ($X) remains the key foreign market for refined groundnut oil exports from Algeria, comprising 90% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a 9.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Niger was relatively modest.

Export Prices by Country

In 2021, the average refined groundnut oil export price amounted to $X per ton, with an increase of 88% against the previous year. In general, the export price recorded a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Burkina Faso ($X per ton), while the average price for exports to Niger stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+9.3%).

Refined Groundnut Oil Imports

Imports into Algeria

In 2021, overseas purchases of refined groundnut oil increased by 243% to X tons, rising for the fifth year in a row after four years of decline. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 512% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, refined groundnut oil imports skyrocketed to $X in 2021. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 440% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, France (X tons) was the main supplier of refined groundnut oil to Algeria, with a 97% share of total imports. It was followed by China (X kg), with a 2.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +53.7%.

In value terms, France ($X) constituted the largest supplier of refined groundnut oil to Algeria, comprising 100% of total imports. The second position in the ranking was taken by China ($X), with a 0.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France stood at +44.1%.

Import Prices by Country

In 2021, the average refined groundnut oil import price amounted to $X per ton, reducing by -21.1% against the previous year. In general, the import price showed a pronounced curtailment. The growth pace was the most rapid in 2016 an increase of 16%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-6.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined groundnut oil in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 30% of global consumption. These countries were followed by Japan, Germany, Pakistan, Brazil, Indonesia, Bangladesh, the UK, France, Nigeria and Mexico, which together accounted for a further 24%.

What are the largest producers of refined groundnut oil in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 32% of global production. These countries were followed by Japan, Germany, Brazil, Pakistan, Indonesia, Bangladesh, France, the UK, Nigeria and Mexico, which together accounted for a further 25%.

What are the leading suppliers of refined groundnut oil to Algeria?

In value terms, France constituted the largest supplier of refined groundnut oil to Algeria.

What is the average export price for refined groundnut oil in Algeria?

In 2021, the average refined groundnut oil export price amounted to $365 per ton, which is down by -12.6% against the previous year.

What is the average import price for refined groundnut oil in Algeria?

In 2021, the average refined groundnut oil import price amounted to $1,313 per ton, dropping by -2.4% against the previous year.

This report provides an in-depth analysis of the refined groundnut oil market in Algeria. 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:

Prodcom 10415200 - Refined groundnut oil and its fractions (excluding chemically modified)

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 Algeria
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024