Market research

Groundnut oil and fractions market in Oceania

$Groundnut oil and fractions market in Oceania$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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"Oceania" region includes following countries:

Australia

Christmas Island

Cocos (Keeling) Islands

Heard Island and McDonald Islands

New Zealand

Norfolk Island

Solomon Islands

Fiji

New Caledonia

Vanuatu

Papua New Guinea

Kiribati

Guam

Nauru

Northern Mariana Islands

United States Minor Outlying Islands

Micronesia

Marshall Islands

Palau

American Samoa

Cook Islands

French Polynesia

Niue

Pitcairn Islands

Tokelau

Tonga

Tuvalu

Wallis and Futuna Islands

Samoa

Earlier Report Observations

Between 2018 and 2023, the market volume for groundnut oil and fractions in Oceania expanded by over 50%, reaching 3 273 t. This growth was primarily driven by a more than doubling of domestic production, which increased from 981 t to 2 054 t, while imports generally declined and exports fell sharply, indicating a shift toward satisfying local demand with homegrown output.

In 2024, imports surged to 1 656 t. This rebound aligned with growing global consumer preference for natural, chemical-free peanut oil and climate-induced disruptions to peanut cultivation, factors which heightened import demand to meet consumption needs in Oceania.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Oceania
  1. 5.1.1. Annual dynamics of production in Oceania in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production groundnut oil and fractions in Oceania

In kind, 2017-2020, t

Top producers of groundnut oil and fractions, 2017-2020

Source: SHEV.io

World map of production of groundnut oil and fractions, 2017-2020

Source: SHEV.io

After two years of decline, groundnut oil and fractions production in Oceania rebounded. In 2020, production reached 1 280 tonnes, marking a significant increase of 30.6% compared to the previous year. Over the period from 2017 to 2020, production grew by 28.5%, which translates to an annualized growth rate of 8.7%. The lowest production level was recorded in 2019 at 980 tonnes, while the largest decline occurred in 2018 with a drop of 1.5%.

Annual dynamics of production in Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.5%)	(0.1%)	30.6%	8.7%

Source: SHEV.io

Exports groundnut oil and fractions from Oceania

Exports in kind, t

The market exhibited considerable volatility during these years. Export volumes peaked in 2019 at 343 tonnes before falling to their lowest point in 2020 at 52 tonnes, representing a dramatic 6.6-fold decrease. In 2020, Oceania exported 52 tonnes of groundnut oil and fractions, which was an 84.8% decline from the previous year. The largest increase was recorded in 2019 with a growth of 18.5%.

Annual dynamics of product's exports from Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.8%)	18.5%	(84.8%)	(44.0%)

Source: SHEV.io

From 2017 to 2020, the three largest markets for groundnut oil and fractions exports from Oceania were the United States, China, and South Korea. Together, these countries accounted for 81.2% of total export flows during this period.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Oceania in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Groundnut oil and fractions exports from Oceania declined for the second consecutive year. In 2020, export value stood at 358 thousand US dollars, representing a 48.3% decrease compared to 2019. Between 2017 and 2020, exports fell by 61.4%, equating to an annualized decline of 27.2%. The highest export value was recorded in 2018 at 944 thousand US dollars, while the largest increase occurred that same year with growth of 1.7%.

Annual dynamics of product's exports from Oceania in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.7%	(26.5%)	(48.3%)	(27.2%)

Source: SHEV.io

During the 2017-2020 period, the United States (33.5% of export value), Vietnam (12.1%), and South Korea (11.6%) remained the leading destinations for groundnut oil and fractions exports from Oceania in value terms. Together, these three markets accounted for 57.2% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Oceania in value, 2017-2020

Source: SHEV.io

Imports groundnut oil and fractions to Oceania

Imports in kind, t

Foreign supplies of groundnut oil and fractions to Oceania declined for the third consecutive year. In 2020, imports amounted to 784 tonnes, which was 38.1% lower than the previous year. Between 2017 and 2020, imports decreased by 46.2%, representing an annualized decline of 18.7%.

Annual dynamics of product's imports to Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.6%)	(12.6%)	(38.1%)	(18.7%)

Source: SHEV.io

Throughout 2017-2020, Singapore (46.7% of imports in volume), Malaysia (9.9%), and China (8.1%) formed the key group of partners for groundnut oil and fractions imports to Oceania. Together, these three countries represented 64.7% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Oceania in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Groundnut oil and fractions imports to Oceania declined for the second consecutive year. In 2020, imports totaled 2 093 thousand US dollars, down by 39.8% from the previous year. Between 2017 and 2020, imports decreased by 49%, equating to an annualized decline of 20.1%. The highest import value was recorded in 2018 at 4 398 thousand US dollars, while the largest increase occurred that same year with growth of 7.3%.

Annual dynamics of product's imports to Oceania in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.3%	(20.9%)	(39.8%)	(20.1%)

Source: SHEV.io

From 2017 to 2020, three principal markets—Singapore, China, and Hong Kong—together accounted for 69.9% of total groundnut oil and fractions imports to Oceania in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Oceania in value, 2017-2020

Source: SHEV.io