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Report Asia-Pacific - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia-Pacific - Crude Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Crude Groundnut Oil Market 2024

Crude Groundnut Oil Market Size in Asia-Pacific

The Asia-Pacific crude groundnut oil market expanded to $X in 2022, picking up by 4.2% against the previous year. In general, consumption, however, recorded a abrupt descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Crude Groundnut Oil Production in Asia-Pacific

In value terms, crude groundnut oil production expanded notably to $X in 2022 estimated in export price. In general, production, however, showed a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Crude Groundnut Oil Exports

Exports in Asia-Pacific

In 2022, shipments abroad of crude groundnut oil decreased by -25.3% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 850%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, crude groundnut oil exports fell remarkably to $X in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,058%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X tons) represented roughly 100% of total exports in 2022.

India was also the fastest-growing in terms of the crude groundnut oil exports, with a CAGR of +44.6% from 2012 to 2022. From 2012 to 2022, the share of India increased by +40 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest crude groundnut oil supplier in Asia-Pacific.

In India, crude groundnut oil exports expanded at an average annual rate of +41.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2020 an increase of 22%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -2.0% per year.

Crude Groundnut Oil Imports

Imports in Asia-Pacific

In 2022, after five years of growth, there was significant decline in supplies from abroad of crude groundnut oil, when their volume decreased by -17.5% to X tons. Over the period under review, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 50%. The volume of import peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, crude groundnut oil imports contracted dramatically to $X in 2022. Overall, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 89% against the previous year. The level of import peaked at $X in 2021, and then contracted notably in the following year.

Imports by Country

China prevails in imports structure, finishing at X tons, which was approx. 98% of total imports in 2022. Hong Kong SAR (X tons) took a relatively small share of total imports.

China was also the fastest-growing in terms of the crude groundnut oil imports, with a CAGR of +14.0% from 2012 to 2022. Hong Kong SAR experienced a relatively flat trend pattern. From 2012 to 2022, the share of China increased by +7.7 percentage points.

In value terms, China ($X) constitutes the largest market for imported crude groundnut oil in Asia-Pacific, comprising 97% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 1.8% share of total imports.

In China, crude groundnut oil imports increased at an average annual rate of +11.7% over the period from 2012-2022.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, declining by -2.2% against the previous year. In general, the import price showed a pronounced descent. The pace of growth was the most pronounced in 2020 when the import price increased by 38% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of crude groundnut oil consumption, accounting for 78% of total volume. Moreover, crude groundnut oil consumption in China exceeded the figures recorded by the second-largest consumer, India, ninefold.
China constituted the country with the largest volume of crude groundnut oil production, comprising approx. 73% of total volume. Moreover, crude groundnut oil production in China exceeded the figures recorded by the second-largest producer, India, sixfold.
In value terms, India remains the largest crude groundnut oil supplier in Asia-Pacific.
In value terms, China constitutes the largest market for imported crude groundnut oil in Asia-Pacific, comprising 96% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 2.5% share of total imports.
In 2021, the export price in Asia-Pacific amounted to $1,973 per ton, with an increase of 3.8% against the previous year.
The import price in Asia-Pacific stood at $1,480 per ton in 2021, dropping by -8% against the previous year.

This report provides an in-depth analysis of the crude groundnut oil market in Asia-Pacific. 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
  • Production in Asia-Pacific, split by region and country
  • Trade (exports and imports) in Asia-Pacific
  • 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Australia
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cook Islands
    • Fiji
    • French Polynesia
    • India
    • Indonesia
    • Japan
    • Kiribati
    • Malaysia
    • Maldives
    • Marshall Islands
    • Micronesia
    • Myanmar
    • Nepal
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Pakistan
    • Palau
    • Papua New Guinea
    • Philippines
    • Samoa
    • Singapore
    • Solomon Islands
    • South Korea
    • Sri Lanka
    • Taiwan (Chinese)
    • Thailand
    • Timor-Leste
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Vietnam
    • Wallis and Futuna Islands
    • Lao People's Democratic Republic
    • American Samoa
    • Democratic People's Republic of Korea
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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