Latin America and the Caribbean: Market for Ground-Nut Oil And Its Fractions 2019

Exports of Ground-Nut Oil And Its Fractions in Latin America and the Caribbean

In 2017, the amount of ground-nut oil and its fractions exported in Latin America and the Caribbean totaled X tons, waning by -X% against the previous year. The total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the exports of ground-nut oil and its fractions decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015, when exports increased by X% against the previous year. In that year, the exports of ground-nut oil and its fractions attained their peak volume of X tons. From 2016 to 2017, growth of the exports of ground-nut oil and its fractions failed to regain its momentum.

In value terms, exports of ground-nut oil and its fractions totaled $X in 2017. The exports of ground-nut oil and its fractions continue to indicate a remarkable expansion. In that year, the exports of ground-nut oil and its fractions attained their peak level of $X. From 2013 to 2017, growth of the exports of ground-nut oil and its fractions stood at a somewhat lower level.

Exports of Ground-Nut Oil And Its Fractions by Country in Latin America and the Caribbean

In 2017, Argentina (X tons) represented the major exporter for ground-nut oil and its fractions, mixed up X% of total exports. Brazil (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Nicaragua (X%).

Exports from Argentina increased at an average annual rate of +X% from 2007 to 2017. At the same time, Brazil (+X%) and Nicaragua (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Nicaragua, Brazil and Argentina decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ground-nut oil and its fractions markets worldwide were Argentina ($X), Brazil ($X) and Nicaragua ($X), together comprising X% of total exports.

In terms of the main exporting countries , Brazil (+X% per year) recorded the highest growth rate of exports, 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 Latin America and the Caribbean

In 2017, the export price for ground-nut oil and its fractions in Latin America and the Caribbean amounted to $X per ton, growing by X% against the previous year. The export price indicated a moderate increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the export price for ground-nut oil and its fractions increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it 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 ($X per ton), while Argentina ($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 in Latin America and the Caribbean

The imports totaled X tons in 2017, lowering by -X% against the previous year. The imports of ground-nut oil and its fractions continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. In that year, the imports of ground-nut oil and its fractions reached their peak volume of X tons, and then declined slightly in the following year.

In value terms, imports of ground-nut oil and its fractions totaled $X in 2017. The imports of ground-nut oil and its fractions continue to indicate a strong expansion. Over the period under review, the imports of ground-nut oil and its fractions reached its maximum level in 2017, and are likely to continue its growth in the immediate term.

Imports of Ground-Nut Oil And Its Fractions by Country in Latin America and the Caribbean

Mexico dominates imports of ground-nut oil and its fractions structure, accounting for X tons, which was near X% of total imports in 2017. It was distantly followed by Honduras (X tons), creating X% share of total imports. Antigua and Barbuda (X tons), Aruba (X tons), Panama (X tons), Peru (X tons) and Brazil (X tons) followed a long way behind the leaders.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Aruba (+X%), Peru (+X%), Honduras (+X%) and Antigua and Barbuda (+X%) displayed positive paces of growth. Moreover, Aruba emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Panama experienced a relatively flat trend pattern. By contrast, Brazil (-X%) illustrated a downward trend over the same period. Brazil (X%) significantly strengthened its position in terms of the global imports, while Aruba, Honduras and Mexico saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported ground-nut oil and its fractions in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Aruba ($X), with a X% share of global imports. It was followed by Brazil, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico amounted to +X%. In the other countries, the average annual rates were as follows: Aruba (+X% per year) and Brazil (-X% per year).

Import Prices for Ground-Nut Oil And Its Fractions by Country in Latin America and the Caribbean

The import price for ground-nut oil and its fractions in Latin America and the Caribbean stood at $X per ton in 2017, rising by X% against the previous year. The import price for ground-nut oil and its fractions continues to indicate a moderate deduction. The pace of growth was the most pronounced in 2008, an increase of X% against the previous year. In that year, the import prices for ground-nut oil and its fractions attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for ground-nut oil and its fractions failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Brazil ($X per ton), while Honduras ($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 Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform