United Arab Emirates: Market for Ground-Nut Oil And Its Fractions 2019

Exports of Ground-Nut Oil And Its Fractions in the United Arab Emirates

Exports of ground-nut oil and its fractions from the United Arab Emirates stood at X tons in 2017, rising by X% against the previous year. Overall, exports of ground-nut oil and its fractions continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. The United Arab Emirates exports peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, exports of ground-nut oil and its fractions amounted to $X in 2017. Overall, exports of ground-nut oil and its fractions continue to indicate a sharp slump. Over the period under review, the exports of ground-nut oil and its fractions attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Exports of Ground-Nut Oil And Its Fractions by Country in the United Arab Emirates

Argentina represented the largest exporter of ground-nut oil and its fractions in the world, with the volume of exports reaching X tons, which was approx. X% of total exports in 2017. Brazil (X tons) held 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 approx. X% share of total exports. India (X tons) and France (X tons) took the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to ground-nut oil and its fractions exports from Argentina stood at +X%. 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) appeared to be the countries with the highest levels of exports in 2017, together comprising X% of total exports.

Among 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 the United Arab Emirates

The export price for ground-nut oil and its fractions in the United Arab Emirates stood at $X per ton in 2017, dropping by -X% against the previous year. In general, export price for ground-nut oil and its fractions continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. In that year, the export prices for ground-nut oil and its fractions attained their peak level of $X per ton. From 2012 to 2017, growth of the export prices for ground-nut oil and its fractions 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 in the United Arab Emirates

In 2017, imports of ground-nut oil and its fractions into the United Arab Emirates totaled X tons, growing by X% against the previous year. Overall, imports of ground-nut oil and its fractions continue to indicate a mild growth. The growth pace was the most rapid in 2013, when it surged by X% against the previous year. In that year, the imports of ground-nut oil and its fractions attained their peak volume of X tons. From 2014 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 totaled $X in 2017. Overall, imports of ground-nut oil and its fractions continue to indicate a prominent expansion. In that year, the imports of ground-nut oil and its fractions reached their peak level of $X. From 2014 to 2017, growth of the imports of ground-nut oil and its fractions failed to regain its momentum.

Imports of Ground-Nut Oil And Its Fractions by Country in the United Arab Emirates

China was the main importer of ground-nut oil and its fractions in the world, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2017. 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 held near X% share of total imports. China, Hong Kong SAR (X tons), Switzerland (X tons) and Belgium (X tons) followed a long way behind the leaders.

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 ($X) constitutes the largest market for imported ground-nut oil and its fractions into the United Arab Emirates, making up X% of global imports. The second position in the ranking was occupied by Italy ($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 growth rate of value in China amounted to +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 the United Arab Emirates

The import price for ground-nut oil and its fractions in the United Arab Emirates 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 growth pace was the most rapid in 2008, an increase of X% against the previous year. Over the period under review, the import prices for ground-nut oil and its fractions reached its peak figure level of $X per ton in 2014; however, from 2015 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