South Africa: Market for Ground-Nut Oil And Its Fractions 2019

Exports of Ground-Nut Oil And Its Fractions from South Africa

Exports of ground-nut oil and its fractions from South Africa totaled X tons in 2017, reducing by -X% against the previous year. In general, exports of ground-nut oil and its fractions continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. Over the period under review, the exports of ground-nut oil and its fractions reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, exports of ground-nut oil and its fractions stood at $X in 2017. In general, exports of ground-nut oil and its fractions continue to indicate a strong expansion. In that year, the exports of ground-nut oil and its fractions reached their peak level of $X. From 2016 to 2017, growth of the exports of ground-nut oil and its fractions failed to regain its momentum.

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

Argentina was the largest exporter of ground-nut oil and its fractions in the world, with the volume of exports recording X tons, which was near X% of total exports in 2017. 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 held near X% share of total exports. India (X tons) and France (X tons) took the weak 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, the largest ground-nut oil and its fractions markets worldwide were Argentina ($X), Brazil ($X) and Senegal ($X), with a combined X% share of total exports.

In terms of the main exporting countries , Brazil (+X% per year) experienced 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 South Africa

The export price for ground-nut oil and its fractions in South Africa stood at $X per ton in 2017, rising by X% against the previous year. Overall, export price for ground-nut oil and its fractions continues to indicate a deep drop. The most prominent rate of growth was recorded in 2014, an increase of X% year-to-year. Over the period under review, the export prices for ground-nut oil and its fractions reached its peak figure level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

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 South Africa

Imports of ground-nut oil and its fractions into South Africa amounted to X tons in 2017, coming down by -X% against the previous year. In general, imports of ground-nut oil and its fractions continue to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2013, when imports increased by X% year-to-year. Over the period under review, the imports of ground-nut oil and its fractions attained its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, imports of ground-nut oil and its fractions stood at $X in 2017. In general, imports of ground-nut oil and its fractions continue to indicate a moderate setback. South Africa imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

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

China was the major importer of ground-nut oil and its fractions in the world, with the volume of imports recording X tons, which was approx. X% of total imports in 2017. It was distantly followed by Italy (X tons), the U.S. (X tons), the Netherlands (X tons) and France (X tons), together committing X% share of total imports. China, Hong Kong SAR (X tons), Switzerland (X tons) and Belgium (X tons) took the minor 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. 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 ($X) constitutes the largest market for imported ground-nut oil and its fractions into South Africa, making up X% of global imports. The second position in the ranking was occupied by Italy ($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 totaled +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 South Africa

The import price for ground-nut oil and its fractions in South Africa stood at $X per ton in 2017, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2016, when the import prices increased by X% year-to-year. South Africa import price peaked in 2017, and is likely to continue its growth in the immediate term.

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