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

Exports of Ground-Nut Oil And Its Fractions from Singapore

In 2017, exports of ground-nut oil and its fractions from Singapore stood at X tons, going up by X% against the previous year. Overall, exports of ground-nut oil and its fractions continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2008, when exports increased by X% against the previous year. Singapore exports peaked of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, exports of ground-nut oil and its fractions stood at $X in 2017. In general, the total exports indicated a slight expansion from 2007 to 2017: its value decreased 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 2014 indices. Over the period under review, the exports of ground-nut oil and its fractions attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

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

In 2017, Argentina (X tons) was the main exporter for ground-nut oil and its fractions, creating X% of total exports. Brazil (X tons) occupied the second position in the ranking, followed by China (X tons), Nicaragua (X tons), Senegal (X tons) and Belgium (X tons). All these countries together occupied approx. X% share of total exports. India (X tons) and France (X tons) held the minor 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. Senegal (X%), Belgium (X%) and France (X%) significantly strengthened its position in terms of the global exports, while Nicaragua, China, Brazil and Argentina saw its share reduced by -X%, -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, Argentina ($X), Brazil ($X) and Senegal ($X) constituted 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 Singapore

The export price for ground-nut oil and its fractions in Singapore stood at $X per ton in 2017, going down by -X% against the previous year. Overall, the export price indicated a prominent expansion 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 appeared the most rapid in 2010, when the export prices increased by X% year-to-year. Over the period under review, the export prices for ground-nut oil and its fractions attained its peak figure level of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; 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 Singapore

Imports of ground-nut oil and its fractions into Singapore amounted to X tons in 2017, jumping by X% against the previous year. In general, imports of ground-nut oil and its fractions continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, 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. From 2011 to 2017, growth of the imports of ground-nut oil and its fractions stood at a somewhat lower level.

In value terms, imports of ground-nut oil and its fractions stood at $X in 2017. Overall, imports of ground-nut oil and its fractions continue to indicate a modest increase. Singapore imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

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

China was the key importing country with an import of about X tons, which finished at X% of total imports. Italy (X tons) ranks second in terms of the global imports with a X% share, followed by the U.S. (X%), the Netherlands (X%) and France (X%). The following importers - China, Hong Kong SAR (X tons), Switzerland (X tons) and Belgium (X tons) together made up X% 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. From 2007 to 2017, the share of France and Belgium increased by X% and X% percentage points, while Italy (-X%), the U.S. (-X%), the Netherlands (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, imports of ground-nut oil and its fractions expanded at an average annual rate of +X% over the period from 2007-2017. 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 Singapore

In 2017, the import price for ground-nut oil and its fractions in Singapore amounted to $X per ton, coming down by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when the import prices increased by X% against the previous year. Singapore import 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 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