Italy leads the European import market of crude groundnut oil with a 57.38% share, followed by the Netherlands and Belgium. France is also a notable importer, although considerably smaller in comparison. The past year showed significant increases for Spain, Ireland, and several smaller countries, like Denmark, and Portugal, highlighting rapidly shifting demands. While Italy and Belgium's import shares showed minor fluctuations, Ireland showed exponential growth, with Denmark and Greece also seeing large increases.
Future trends to watch include the potential continued growth of smaller importers like Ireland, Portugal, and Denmark, as well as potential shifts in major markets like Italy in response to domestic demand changes, policy shifts, or global market factors affecting crude groundnut oil supply and pricing.
Top countries in Import of Crude Groundnut Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 57.38 | 2023 | +9.46% | +2.45% | View data |
| 2 | 2 Netherlands | 19.49 | 2023 | +14.82% | +13.1% | View data |
| 3 | 3 Belgium | 18.55 | 2023 | +15.54% | -1.05% | View data |
| 4 | 4 France | 11.34 | 2023 | +7.74% | +0.3% | View data |
| 5 | 5 Spain | 2.04 | 2023 | +137.69% | +104.19% | View data |
| 6 | 6 Ireland | 1.8 | 2023 | +136.96% | +455.71% | View data |
| 7 | 7 Denmark | 1.52 | 2023 | +76.57% | +200.44% | View data |
| 8 | 8 Germany | 0.67 | 2021 | -53.28% | +10.63% | View data |
| 9 | 9 Portugal | 0.37 | 2023 | +136.54% | +225.35% | View data |
| 10 | 10 Austria | 0.25 | 2023 | +46.03% | +18.05% | View data |