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Report Asia-Pacific - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Asia-Pacific - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Groundnut Oil Market 2025

Groundnut Oil Market Size in Asia-Pacific

The Asia-Pacific groundnut oil market fell slightly to $X in 2021, with a decrease of -3.7% against the previous year. In general, consumption showed a abrupt decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Groundnut Oil Production in Asia-Pacific

In value terms, groundnut oil production contracted to $X in 2021 estimated in export price. Over the period under review, production showed a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 21%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Groundnut Oil Exports

Exports in Asia-Pacific

In 2021, after three years of growth, there was significant decline in shipments abroad of groundnut oil, when their volume decreased by -34.1% to X tons. Overall, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 404% against the previous year. As a result, the exports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, groundnut oil exports contracted markedly to $X in 2021. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2020 when exports increased by 457%. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

India dominates exports structure, resulting at X tons, which was near 89% of total exports in 2021. It was distantly followed by China (X tons), making up an 8.2% share of total exports. Hong Kong SAR (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the groundnut oil exports, with a CAGR of +21.1% from 2012 to 2021. At the same time, China (+2.3%) displayed positive paces of growth. Hong Kong SAR experienced a relatively flat trend pattern. India (+29 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR and China saw its share reduced by -5.5% and -17.3% from 2012 to 2021, respectively.

In value terms, India ($X) remains the largest groundnut oil supplier in Asia-Pacific, comprising 86% of total exports. The second position in the ranking was held by China ($X), with a 10% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +18.8%. In the other countries, the average annual rates were as follows: China (-0.4% per year) and Hong Kong SAR (-0.6% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, rising by 11% against the previous year. In general, the export price, however, saw a pronounced curtailment. The growth pace was the most rapid in 2015 an increase of 14%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-0.0%), while the other leaders experienced a decline in the export price figures.

Groundnut Oil Imports

Imports in Asia-Pacific

For the fifth consecutive year, Asia-Pacific recorded growth in supplies from abroad of groundnut oil, which increased by 12% to X tons in 2021. Over the period under review, imports showed a strong increase. The growth pace was the most rapid in 2014 with an increase of 50% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, groundnut oil imports soared to $X in 2021. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 79%. The level of import peaked in 2021 and is likely to see steady growth in years to come.

Imports by Country

China prevails in imports structure, reaching X tons, which was near 91% of total imports in 2021. Hong Kong SAR (X tons) and Afghanistan (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +19.1% from 2012 to 2021. At the same time, Afghanistan (+115.4%) and Hong Kong SAR (+4.6%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +115.4% from 2012-2021. From 2012 to 2021, the share of China and Afghanistan increased by +11 and +3.2 percentage points, respectively.

In value terms, China ($X) constitutes the largest market for imported groundnut oil in Asia-Pacific, comprising 89% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 5% share of total imports.

In China, groundnut oil imports expanded at an average annual rate of +15.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hong Kong SAR (+2.5% per year) and Afghanistan (+102.7% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, growing by 11% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 an increase of 39%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-2.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest groundnut oil consuming country in Asia-Pacific, comprising approx. 80% of total volume. Moreover, groundnut oil consumption in China exceeded the figures recorded by the second-largest consumer, Myanmar, more than tenfold. The third position in this ranking was occupied by India, with a 5.2% share.
China remains the largest groundnut oil producing country in Asia-Pacific, accounting for 74% of total volume. Moreover, groundnut oil production in China exceeded the figures recorded by the second-largest producer, India, sixfold.
In value terms, India remains the largest groundnut oil supplier in Asia-Pacific, comprising 89% of total exports. The second position in the ranking was occupied by China, with a 7.8% share of total exports.
In value terms, China constitutes the largest market for imported groundnut oil in Asia-Pacific, comprising 87% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 6.2% share of total imports.
The groundnut oil export price in Asia-Pacific stood at $1,846 per ton in 2020, rising by 7.3% against the previous year.
The groundnut oil import price in Asia-Pacific stood at $1,485 per ton in 2020, growing by 35% against the previous year.

This report provides an in-depth analysis of the 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 2012–2024
    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 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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