Crude Groundnut Oil Market Overview in Spain
In value terms, crude groundnut oil production amounted to $ in estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. Crude groundnut oil production peaked in and is expected to retain growth in years to come.
The size of the crude groundnut oil market in Spain surged to $ in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed prominent growth. The growth pace was the most rapid in 2010 when the market value increased by % y-o-y. Crude groundnut oil consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.