Democratic Republic of the Congo: Ground-Nut Oil Market 2020

Ground-Nut Oil Market Size in Democratic Republic of the Congo

The revenue of the ground-nut oil market in Democratic Republic of the Congo amounted to $X in 2018, surging by X% against the previous year. Overall, ground-nut oil consumption continues to indicate a slight descent. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Democratic Republic of the Congo ground-nut oil consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Ground-Nut Oil Production in Democratic Republic of the Congo

In value terms, ground-nut oil production stood at $X in 2018 estimated in export prices. Over the period under review, ground-nut oil production continues to indicate a moderate downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Democratic Republic of the Congo ground-nut oil production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Ground-Nut Oil Exports

Exports from Democratic Republic of the Congo

Ground-nut oil exports from Democratic Republic of the Congo stood at X tons in 2018, leveling off at the previous year. Overall, ground-nut oil exports, however, continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. In that year, ground-nut oil exports reached their peak of X tons. From 2009 to 2018, the growth of ground-nut oil exports remained at a somewhat lower figure.

In value terms, ground-nut oil exports amounted to $X in 2018. Overall, ground-nut oil exports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, ground-nut oil exports reached their peak of $X. From 2009 to 2018, the growth of ground-nut oil exports failed to regain its momentum.

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 the next position in the ranking, followed by Iran (X tons), Nicaragua (X tons) and India (X tons). All these countries together held approx. X% share of total exports. Belgium (X tons) occupied a minor 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, the largest ground-nut oil markets from Democratic Republic of the Congo were Argentina ($X), Brazil ($X) and Senegal ($X), with a combined X% share of total exports. Nicaragua, India, Iran, Belgium and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The ground-nut oil export price in Democratic Republic of the Congo stood at $X per ton in 2018, jumping by X% against the previous year. In general, the ground-nut oil export price, however, continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Democratic Republic of the Congo export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

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 Democratic Republic of the Congo

In 2018, the amount of ground-nut oil imported into Democratic Republic of the Congo stood at X tons, jumping by X% against the previous year. In general, ground-nut oil imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Democratic Republic of the Congo imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, ground-nut oil imports stood at $X in 2018. Over the period under review, ground-nut oil imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, ground-nut oil imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, China (X tons) and Lebanon (X tons) were the largest importers of ground-nut oilin the world, together recording approx. X% of total imports. Italy (X tons) held the next position in the ranking, followed by the U.S. (X tons). All these countries together held near X% share of total imports. 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 Democratic Republic of the Congo 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 Democratic Republic of the Congo, which together accounted for a further X recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the ground-nut oil import price in Democratic Republic of the Congo amounted to $X per ton, stabilizing at the previous year. Overall, the ground-nut oil import price continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the import prices for ground-nut oil attained their maximum at $X per ton in 2013; however, from 2014 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