Groundnutoil-cake market in Eastern Europe (including Northern Asia)

Earlier Report Observations

The groundnut oil-cake market in Eastern Europe began the period at 26 321 tons in 2018, supported by a growing oilseed raw material base and increased vegetable oil production, which boosted output of this by-product. By 2020, market volume had declined to 24 026 tons, with the COVID-19 pandemic causing temporary supply chain disruptions that constrained production. The entry of new players with modernized equipment in 2019 added fresh capacity, although the overall market size contracted during these years.

Market volume stabilized near 23 816 tons in 2021, as active export development to Asia and the adoption of new oil extraction technologies helped sustain production levels. A significant rebound to 26 371 tons occurred in 2022, driven by the introduction of export quotas and licensing for sunflower oil and cake from April to August, a policy that encouraged domestic processing, alongside ongoing equipment modernization. In 2023, the market decreased to 25 452 tons, influenced by reduced production profitability and the continued impact of global sanctions and higher raw material costs.

Production groundnutoil-cake in Eastern Europe (including Northern Asia)

In kind, 2017-2020, t

Top producers of groundnutoil-cake, 2017-2020

World map of production of groundnutoil-cake, 2017-2020

The data shows irregular changes, pointing to a volatile market environment. Production reached its lowest point in 2017, then peaked in 2018 with a 1.7-fold difference between these years. In 2020, Eastern Europe (including Northern Asia) produced 24 067 tons of groundnut oil-cake, representing a moderate year-over-year decline of 3.5%. The highest production volume was recorded in 2018 at 26 308 tons. The largest annual decrease occurred in 2019 at 5.2%, while the biggest increase was seen in 2018 with a substantial 71.2% growth.

Annual dynamics of production in Eastern Europe (including Northern Asia) in kind, 2017-2020, t

Exports groundnutoil-cake from Eastern Europe (including Northern Asia)

Exports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Exports hit their lowest point in 2019, then reached their maximum in 2017 with a dramatic 73-fold difference between these years. In 2020, Eastern Europe (including Northern Asia) exported 105.1 tons of groundnut oil-cake, marking a sharp year-over-year increase of 1 278.7%. The minimum export volume was recorded in 2019 at just 7.6 tons. The largest annual decline occurred in 2018 with a 97.8% drop.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020, t

Between 2017 and 2020, Lithuania and Greece emerged as the leading markets for groundnut oil-cake exports from Eastern Europe (including Northern Asia). Lithuania accounted for 5.4% of total export flows, while Greece represented 2.3%.

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

World map of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020

Exports in value, K $ US

The data shows irregular changes, signaling a volatile market environment. Export values reached their minimum in 2019, then peaked in 2017 with a remarkable 111-fold difference between these years. In 2020, Eastern Europe (including Northern Asia) exported groundnut oil-cake worth 27.7 thousand US dollars, reflecting a sharp year-over-year gain of 1 376.0%. The lowest export value was recorded in 2019 at 1.9 thousand US dollars. The largest annual decline occurred in 2018 with a 98.6% decrease.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020, K $ US

From 2017 to 2020, Lithuania and Greece were the key buyers of groundnut oil-cake from Eastern Europe (including Northern Asia) in value terms. Together, they accounted for 15.1% of total export value during this period.

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

World map of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020

Imports groundnutoil-cake to Eastern Europe (including Northern Asia)

Imports in kind, t

Foreign groundnut oil-cake supplies to Eastern Europe (including Northern Asia) increased for the third consecutive year. In 2020, the region imported groundnut oil-cake totaling 59.1% more than the previous year. Between 2017 and 2020, imports grew by 636 288%, equating to an annualized growth rate of 1 753.1%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020, t

Between 2017 and 2020, Kazakhstan and Germany were the two main sources for groundnut oil-cake imports into Eastern Europe (including Northern Asia). Kazakhstan accounted for 18.4% of total import flows, while Germany represented 11.3%, together making up 29.7% of total imports.

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

World map of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020

Imports in value, K $ US

The market displayed signs of volatility during the observed period. Import values were at their lowest in 2017, then reached their peak in 2020 with an extraordinary 877-fold difference between these years. In 2020, Eastern Europe (including Northern Asia) imported groundnut oil-cake worth 35.3 thousand US dollars, representing a strong year-over-year increase of 351.3%. The largest annual decline occurred in 2019 with a 36.4% drop, while the biggest increase was recorded in 2018 with a massive 30 464.6% surge.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020, K $ US

Throughout 2017 to 2020, Germany, Kazakhstan, and Argentina formed the core of groundnut oil-cake imports into Eastern Europe (including Northern Asia) in value terms. Germany accounted for 21.0% of import value, Kazakhstan for 14.1%, and Argentina for 1.4%, together representing 36.5% of total import flows.

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

World map of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020