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Report Central Asia - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Central Asia - Ground-Nut Oil - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Groundnut Oil Market 2024

Groundnut Oil Market Size in Central Asia

In 2022, the Central Asian groundnut oil market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption saw a perceptible descent. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Groundnut Oil Production in Central Asia

In value terms, groundnut oil production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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Groundnut Oil Exports

Exports in Central Asia

Groundnut oil exports surged to X tons in 2022, jumping by X% against 2021. Overall, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, groundnut oil exports soared to $X in 2022. Over the period under review, exports, however, recorded a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Uzbekistan (X tons) represented the major exporter of groundnut oil in Central Asia, constituting X% of total export.

Uzbekistan was also the fastest-growing in terms of the groundnut oil exports, with a CAGR of X% from 2013 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) also remains the largest groundnut oil supplier in Central Asia.

In Uzbekistan, groundnut oil exports plunged by an average annual rate of X% over the period from 2013-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to X% per year.

Groundnut Oil Imports

Imports in Central Asia

After two years of growth, overseas purchases of groundnut oil decreased by X% to X tons in 2022. Over the period under review, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, groundnut oil imports contracted markedly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The level of import peaked at $X in 2021, and then shrank sharply in the following year.

Imports by Country

Kyrgyzstan was the key importing country with an import of around X tons, which amounted to X% of total imports. Kazakhstan (X kg) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mongolia (X%) and Tajikistan (X%).

Kyrgyzstan was also the fastest-growing in terms of the groundnut oil imports, with a CAGR of X% from 2012 to 2022. At the same time, Tajikistan (X%) and Mongolia (X%) displayed positive paces of growth. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. Kyrgyzstan (X p.p.), Tajikistan (X p.p.) and Mongolia (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported groundnut oil in Central Asia, comprising X% of total imports. The second position in the ranking was held by Tajikistan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

In Kazakhstan, groundnut oil imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tajikistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Uzbekistan constituted the country with the largest volume of groundnut oil consumption, accounting for 90% of total volume. Moreover, groundnut oil consumption in Uzbekistan exceeded the figures recorded by the second-largest consumer, Kyrgyzstan, more than tenfold. Kazakhstan ranked third in terms of total consumption with a 2.3% share.
The country with the largest volume of groundnut oil production was Uzbekistan, accounting for 100% of total volume.
In value terms, Uzbekistan remains the largest groundnut oil supplier in Central Asia.
In value terms, Kazakhstan constitutes the largest market for imported groundnut oil in Central Asia, comprising 60% of total imports. The second position in the ranking was taken by Tajikistan, with a 19% share of total imports. It was followed by Mongolia, with a 15% share.
The export price in Central Asia stood at $2,645 per ton in 2022, surging by 15% against the previous year.
The import price in Central Asia stood at $2,918 per ton in 2022, waning by -10.8% against the previous year.

This report provides an in-depth analysis of the groundnut oil market in Central Asia. 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:

  • FCL 244 - Oil of Groundnuts

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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