Report Update Nov 1, 2024

Poland - Refined Groundnut Oil - Market Analysis, Forecast, Size, Trends and Insights

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Poland: Refined Groundnut Oil Market 2024

Refined Groundnut Oil Market Size in Poland

In 2021, the Polish refined groundnut oil market increased by 148% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption posted prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Refined Groundnut Oil Production in Poland

In value terms, refined groundnut oil production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production showed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 59%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Refined Groundnut Oil Exports

Exports from Poland

In 2021, overseas shipments of refined groundnut oil decreased by -43% to X tons, falling for the second consecutive year after five years of growth. Overall, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of 500% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, refined groundnut oil exports shrank remarkably to $X in 2021. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 403%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for refined groundnut oil exports from Poland, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +22.7%.

In value terms, Russia ($X) also remains the key foreign market for refined groundnut oil exports from Poland.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +19.2%.

Export Prices by Country

In 2021, the average refined groundnut oil export price amounted to $X per ton, picking up by 23% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 27%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +8.1% per year.

Refined Groundnut Oil Imports

Imports into Poland

In 2021, overseas purchases of refined groundnut oil increased by 122% to X tons, rising for the second year in a row after three years of decline. Overall, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, refined groundnut oil imports surged to $X in 2021. In general, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main suppliers of refined groundnut oil imports to Poland, together accounting for 95% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +53.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest refined groundnut oil suppliers to Poland were Germany ($X), Italy ($X) and China ($X), with a combined 95% share of total imports.

China, with a CAGR of +53.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average refined groundnut oil import price stood at $X per ton in 2021, growing by 14% against the previous year. Overall, the import price, however, showed a noticeable decline. The growth pace was the most rapid in 2017 an increase of 14% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Germany ($X per ton) and the Netherlands ($X per ton), while the price for Austria ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 30% share of global consumption. Japan, Germany, Pakistan, Brazil, Indonesia, Bangladesh, the UK, France, Nigeria and Mexico lagged somewhat behind, together comprising a further 24%.

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

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 32% share of global production. These countries were followed by Japan, Germany, Brazil, Pakistan, Indonesia, Bangladesh, France, the UK, Nigeria and Mexico, which together accounted for a further 25%.

What are the leading suppliers of refined groundnut oil to Poland?

In value terms, the largest refined groundnut oil suppliers to Poland were Germany, Italy and China, together accounting for 95% of total imports.

What are the leading importers of refined groundnut oil from Poland?

In value terms, Russia remains the key foreign market for refined groundnut oil exports from Poland.

What is the average export price for refined groundnut oil in Poland?

The average refined groundnut oil export price stood at $2,931 per ton in 2021, with an increase of 23% against the previous year.

What is the average import price for refined groundnut oil in Poland?

In 2021, the average refined groundnut oil import price amounted to $3,947 per ton, with an increase of 14% against the previous year.

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

Prodcom 10415200 - Refined groundnut oil and its fractions (excluding chemically modified)

Country coverage:

Poland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Poland
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