Report Update Nov 1, 2024

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

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France: Groundnut Oil Market 2024

Groundnut Oil Market Size in France

In 2021, the French groundnut oil market increased by 66% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a drastic downturn. Groundnut oil consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Groundnut Oil Exports

Exports from France

In 2021, exports of groundnut oil from France expanded to X tons, with an increase of 3.8% compared with 2020 figures. Over the period under review, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2014 when exports increased by 35%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, groundnut oil exports surged to $X in 2021. In general, exports, however, saw a deep contraction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for groundnut oil exports from France, accounting for a 45% share of total exports. Moreover, groundnut oil exports to the Netherlands exceeded the volume sent to the second major destination, Belgium (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands totaled +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-11.5% per year) and Germany (-1.9% per year).

In value terms, the largest markets for groundnut oil exported from France were the Netherlands ($X), Germany ($X) and Belgium ($X), together comprising 76% of total exports. The UK, Spain, Sweden, Austria, Italy and Portugal lagged somewhat behind, together comprising a further 13%.

Sweden, with a CAGR of +77.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average groundnut oil export price amounted to $X per ton, rising by 24% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.2%), while the prices for the other major destinations experienced a decline.

Groundnut Oil Imports

Imports into France

In 2021, supplies from abroad of groundnut oil increased by 29% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, recorded a deep slump. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, groundnut oil imports soared to $X in 2021. Overall, imports, however, recorded a deep slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Argentina (X tons) constituted the largest groundnut oil supplier to France, accounting for a 75% share of total imports. Moreover, groundnut oil imports from Argentina exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The third position in this ranking was held by Spain (X tons), with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from Argentina totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-6.6% per year) and Spain (+4.5% per year).

In value terms, Argentina ($X) constituted the largest supplier of groundnut oil to France, comprising 72% of total imports. The second position in the ranking was taken by Belgium ($X), with a 23% share of total imports. It was followed by Spain, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value from Argentina totaled -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-7.8% per year) and Spain (-4.1% per year).

Import Prices by Country

In 2021, the average groundnut oil import price amounted to $X per ton, picking up by 25% against the previous year. In general, the import price, however, continues to indicate a slight shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Senegal ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+52.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of groundnut oil consumption, accounting for 47% of total volume. Moreover, groundnut oil consumption in China exceeded the figures recorded by the second-largest consumer, Nigeria, sixfold. Sudan ranked third in terms of total consumption with a 4.5% share.

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

China remains the largest groundnut oil producing country worldwide, accounting for 41% of total volume. Moreover, groundnut oil production in China exceeded the figures recorded by the second-largest producer, Nigeria, fivefold. India ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of groundnut oil to France?

In value terms, Argentina constituted the largest supplier of groundnut oil to France, comprising 70% of total imports. The second position in the ranking was occupied by Belgium, with a 20% share of total imports. It was followed by the UK, with a 4.7% share.

What are the leading importers of groundnut oil from France?

In value terms, the Netherlands, Belgium and Germany appeared to be the largest markets for groundnut oil exported from France worldwide, with a combined 64% share of total exports.

What is the average export price for groundnut oil in France?

The average groundnut oil export price stood at $1,986 per ton in 2020, rising by 25% against the previous year.

What is the average import price for groundnut oil in France?

In 2020, the average groundnut oil import price amounted to $1,665 per ton, jumping by 19% against the previous year.

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

France

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in France
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023