In 2023, China led global imports of crude groundnut oil, with a significant value far surpassing other countries. Italy and the United States followed. Countries like France saw a sharp decrease in imports, while Slovakia and Croatia exhibited substantial growth. Notable positive changes were seen in Canada and Bulgaria, whereas Belgium and Kuwait faced declines. The Netherlands, United Arab Emirates, Switzerland, and Qatar also demonstrated consistent growth in imports, showcasing a diverse geographic spread in interest.
Future trends to watch include the expansion of imports in Canada and burgeoning interest in Southeast Asian markets, such as Indonesia, with notable growth potential. Economic shifts and policy adaptations will continue to shape the import landscape, demanding close monitoring of international trade dynamics.
Top countries in Import of Crude Groundnut Oil by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 189,640,000 | 2023 | +3.51% | +4.18% | View data |
| 2 | 2 Italy | 58,042,000 | 2023 | +0.66% | +1.33% | View data |
| 3 | 3 United States | 37,951,000 | 2023 | +1.88% | +1.33% | View data |
| 4 | 4 Belgium | 16,123,000 | 2023 | -1.43% | -5.99% | View data |
| 5 | 5 Netherlands | 15,876,000 | 2023 | +3.33% | +6.28% | View data |
| 6 | 6 United Arab Emirates | 13,592,000 | 2023 | +6.58% | +2.83% | View data |
| 7 | 7 Switzerland | 8,873,900 | 2023 | -0.11% | +6.19% | View data |
| 8 | 8 Qatar | 5,208,900 | 2023 | +5.68% | +5.85% | View data |
| 9 | 9 France | 3,343,500 | 2023 | -38.33% | -24.37% | View data |
| 10 | 10 Malaysia | 1,552,600 | 2023 | -3.92% | -1.25% | View data |
