Bolivia: Ground-Nut Oil Market 2020

Ground-Nut Oil Market Size in Bolivia

The revenue of the ground-nut oil market in Bolivia amounted to $X in 2018, lowering by -X% against the previous year. Overall, ground-nut oil consumption, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2013 when the market value increased by X% y-o-y. Bolivia ground-nut oil consumption peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Ground-Nut Oil Production in Bolivia

In value terms, ground-nut oil production amounted to $X in 2018 estimated in export prices. In general, ground-nut oil production, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when production volume increased by X% year-to-year. In that year, ground-nut oil production attained its peak level of $X. From 2015 to 2018, ground-nut oil production growth remained at a lower figure.

Ground-Nut Oil Exports

Exports from Bolivia

Ground-nut oil exports from Bolivia totaled X kg in 2018, declining by -X% against the previous year. Over the period under review, ground-nut oil exports, however, continue to indicate an outstanding expansion. Bolivia exports peaked at X kg in 2017, and then declined slightly in the following year.

In value terms, ground-nut oil exports amounted to $X in 2018. Overall, ground-nut oil exports, however, continue to indicate a deep reduction. Over the period under review, ground-nut oil exports attained their peak figure at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

Argentina (X tons) and Brazil (X tons) represented roughly X% of total exports of ground-nut oil in 2018. Senegal (X tons) occupied an X% share (based on tons) of total exports, which put it in second place, followed by Iran (X%), Nicaragua (X%) and India (X%). Belgium (X tons) took a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Brazil ($X) and Senegal ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Nicaragua, India, Iran and Belgium, which together accounted for a further X the main exporting countries, Iran (+X% per year) recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The ground-nut oil export price in Bolivia stood at $X per ton in 2018, falling by -X% against the previous year. In general, the ground-nut oil export price continues to indicate a precipitous drop. Bolivia export price peaked at $X per ton in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Belgium ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Nicaragua, while the other leaders experienced more modest paces of growth.

Ground-Nut Oil Imports

Imports into Bolivia

Ground-nut oil imports into Bolivia stood at X kg in 2018, dropping by -X% against the previous year. Over the period under review, ground-nut oil imports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, ground-nut oil imports attained their maximum at X tons in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, ground-nut oil imports stood at $X in 2018. In general, ground-nut oil imports continue to indicate a sharp decrease. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Bolivia imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tons) and Lebanon (X tons) represented the largest importers of ground-nut oilaround the world, together making up X% of total imports. Italy (X tons) ranks next in terms of the total imports with a X% share, followed by the U.S. (X%). The following importers - the Netherlands (X tons), France (X tons), China, Hong Kong SAR (X tons), Sudan (X tons), Benin (X tons) and Switzerland (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Sudan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest ground-nut oil importing markets into Bolivia were Lebanon ($X), China ($X) and Italy ($X), together accounting for X% of total imports. These countries were followed by the U.S., the Netherlands, China, Hong Kong SAR, France, Switzerland, Sudan, Benin and Bolivia, which together accounted for a further X terms of the main importing countries, Sudan recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the ground-nut oil import price in Bolivia amounted to $X per ton, picking up by X% against the previous year. Overall, the ground-nut oil import price, however, continues to indicate a temperate contraction. The most prominent rate of growth was recorded in 2018 when the import price increased by X% y-o-y. Bolivia import price peaked at $X per ton in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China, Hong Kong SAR ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lebanon, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform