Greece: Market for Ground-Nut Oil And Its Fractions 2019

Exports of Ground-Nut Oil And Its Fractions from Greece

In 2017, the amount of ground-nut oil and its fractions exported from Greece stood at X kg, increasing by X% against the previous year. In general, exports of ground-nut oil and its fractions continue to indicate a noticeable drop. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. Greece exports peaked of X kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, exports of ground-nut oil and its fractions totaled $X in 2017. Overall, exports of ground-nut oil and its fractions continue to indicate a slight contraction. Over the period under review, the exports of ground-nut oil and its fractions reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Exports of Ground-Nut Oil And Its Fractions by Country from Greece

Argentina represented the main exporter of ground-nut oil and its fractions in the world, with the volume of exports amounting to X tons, which was near X% of total exports in 2017. Brazil (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by China (X%), Nicaragua (X%), Senegal (X%) and Belgium (X%). India (X tons) and France (X tons) took the mild share of total exports.

Exports from Argentina increased at an average annual rate of +X% from 2007 to 2017. At the same time, Brazil (+X%), Nicaragua (+X%) and China (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, India (-X%), Belgium (-X%), France (-X%) and Senegal (-X%) illustrated a downward trend over the same period. While the share of Senegal (X%), Belgium (X%) and France (X%) increased significantly in terms of the global exports from 2007-2017, the share of Nicaragua (-X%), China (-X%), Brazil (-X%) and Argentina (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X), Brazil ($X) and Senegal ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Brazil (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices for Ground-Nut Oil And Its Fractions by Country in Greece

In 2017, the export price for ground-nut oil and its fractions in Greece amounted to $X per ton, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012, an increase of X% against the previous year. In that year, the export prices for ground-nut oil and its fractions attained their peak level of $X per ton. From 2013 to 2017, growth of the export prices for ground-nut oil and its fractions failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

Imports of Ground-Nut Oil And Its Fractions into Greece

In 2017, approx. X kg of ground-nut oil and its fractions were imported into Greece; shrinking by -X% against the previous year. In general, imports of ground-nut oil and its fractions continue to indicate a drastic setback. The pace of growth appeared the most rapid in 2009, when imports increased by X% year-to-year. In that year, the imports of ground-nut oil and its fractions reached their peak volume of X tons. From 2010 to 2017, growth of the imports of ground-nut oil and its fractions failed to regain its momentum.

In value terms, imports of ground-nut oil and its fractions totaled $X in 2017. In general, imports of ground-nut oil and its fractions continue to indicate an abrupt reduction. Greece imports peaked of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Imports of Ground-Nut Oil And Its Fractions by Country into Greece

China was the major importing country with an import of about X tons, which finished at X% of total imports. Italy (X tons) occupied the second position in the ranking, distantly followed by the U.S. (X tons), the Netherlands (X tons) and France (X tons). All these countries together occupied approx. X% share of total imports. China, Hong Kong SAR (X tons), Switzerland (X tons) and Belgium (X tons) occupied the weak share of total imports.

China was also the fastest growing in terms of the ground-nut oil and its fractions imports, with a CAGR of +X% from 2007 to 2017. At the same time, the Netherlands (+X%), the U.S. (+X%), Switzerland (+X%) and Italy (+X%) displayed positive paces of growth. By contrast, China, Hong Kong SAR (-X%), France (-X%) and Belgium (-X%) illustrated a downward trend over the same period. While the share of France (X%) and Belgium (X%) increased significantly in terms of the global imports from 2007-2017, the share of Italy (-X%), the U.S. (-X%), the Netherlands (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported ground-nut oil and its fractions into Greece, making up X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China stood at +X%. In the other countries, the average annual rates were as follows: Italy (+X% per year) and the U.S. (+X% per year).

Import Prices for Ground-Nut Oil And Its Fractions by Country in Greece

The import price for ground-nut oil and its fractions in Greece stood at $X per ton in 2017, reducing by -X% against the previous year. Overall, import price for ground-nut oil and its fractions continues to indicate a mild deduction. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. In that year, the import prices for ground-nut oil and its fractions reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for ground-nut oil and its fractions stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China, Hong Kong SAR ($X per ton), while Switzerland ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform