China leads the global import of crude groundnut oil with a significant margin, importing over three times more than Italy, the second largest importer. The year-on-year import variation in 2023 shows notable increases for Greece (69.94%), Bulgaria (23.25%), and Benin (22.1%), while major importers like Belgium and France saw declines of -6.39% and -28.6% respectively. Over a five-year period, the CAGR indicates developing interest in certain markets, especially smaller countries.
Future trends to watch include increasing demand in Asian countries, driven by consumer health consciousness and dietary shifts, potentially leading to a rise in imports. The ongoing geopolitical factors and trade policies may also impact import volumes and patterns globally.
Top countries in Import of Crude Groundnut Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 156,890,000 | 2023 | +4.07% | +4.12% | View data |
| 2 | 2 Italy | 47,860,000 | 2023 | +1.36% | +1.26% | View data |
| 3 | 3 United Arab Emirates | 36,427,000 | 2023 | +6.64% | +2.57% | View data |
| 4 | 4 United States | 28,869,000 | 2023 | +1.52% | +0.28% | View data |
| 5 | 5 Belgium | 12,431,000 | 2023 | -1.38% | -6.39% | View data |
| 6 | 6 Netherlands | 11,392,000 | 2023 | +2.66% | +4.65% | View data |
| 7 | 7 Switzerland | 6,631,700 | 2023 | +0.6% | +8.48% | View data |
| 8 | 8 Qatar | 2,228,800 | 2023 | +5.21% | +2.5% | View data |
| 9 | 9 France | 1,992,700 | 2023 | -44.79% | -28.6% | View data |
| 10 | 10 Canada | 1,401,600 | 2023 | +3.87% | +14% | View data |
