Earlier Report Observations
The market for groundnut oil-cake in Laos opened the period at 7 538 t in 2018, a year marked by a sharp 95.1% increase in peanut collection and refined oil output in Senegal, which raised global availability of the by-product cake. However, volume dropped to 5 514 t in 2019 as Senegalese oil mills faced raw material shortages due to competition from Chinese exporters absorbing peanut supplies. A modest recovery to 6 015 t followed in 2020 amid continuing sourcing challenges in key producing regions.
Market volume jumped to 7 860 t in 2021, driven by expanded processing capacities from new entrants like India’s Gemini Edibles & Fats and shifts in global trade flows during the COVID-19 pandemic, which boosted Lao imports to 1 659 t. The market then eased to 7 447 t in 2022 as Senegal’s policy to suspend imports of competing oils and commit to buying all locally produced oil altered supply patterns. By 2023, volume fell to 5 584 t, coinciding with forecasted drought-driven peanut production declines in Senegal and sustained worldwide demand for health‑associated peanut oil.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Laos
- 5.1.1. Annual dynamics of production in Laos in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Laos in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Laos
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Laos in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Laos by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Laos in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Laos by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Laos, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Laos by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Laos in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Laos by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Laos in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Laos by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Laos, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Laos by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production groundnutoil-cake in Laos
In kind, 2017-2020, t
Top producers of groundnutoil-cake, 2017-2020
World map of production of groundnutoil-cake, 2017-2020
In 2020, Laos produced 5 463 tonnes of groundnut oil-cake, marking a 17.5% increase compared to the previous year. However, looking at the broader period from 2017 to 2020, production actually declined by 26.4%, with a compound annual growth rate (CAGR) of -9.7%. The lowest production level was recorded in 2019 at 4 650 tonnes, while the peak occurred in 2018 with 7 444 tonnes. The most significant drop in production took place in 2019, when it fell by 37.5%.
Annual dynamics of production in Laos in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.3% | (37.5%) | 17.5% | (9.7%) |
Exports groundnutoil-cake from Laos
According to market data, Laos did not export any groundnut oil-cake between 2017 and 2020.
Imports groundnutoil-cake to Laos
Imports in kind, t
The import market for groundnut oil-cake in Laos exhibited considerable volatility during the observed period. The maximum import volume was recorded in 2019 at 863.5 tonnes, which saw the largest annual increase of 819.8%. In 2020, imports dropped to {value_last_year} tonnes, representing a 36.1% decrease year-on-year. The fluctuation from 2018 to 2019 was particularly sharp, with a peak-to-trough amplitude of 9.2 times.
Annual dynamics of product's imports to Laos in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 819.8% | (36.1%) | - |
From 2017 to 2020, China was the dominant source for Laos's groundnut oil-cake imports in volume terms, consistently making up 92.4% of the total imports.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Laos in kind, 2017-2020
Imports in value, K $ US
The value of groundnut oil-cake imports into Laos showed significant volatility over the period. The highest import value was recorded in 2019 at 374.5 thousand US dollars, which also saw the largest annual increase of 149.9%. In 2020, import value fell to 95.1 thousand US dollars, down 74.6% from the previous year. The gap between the peak in 2019 and the trough in 2020 was 3.9-fold.
Annual dynamics of product's imports to Laos in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 149.9% | (74.6%) | - |
Between 2017 and 2020, China accounted for 75.5% of the total value of groundnut oil-cake imports into Laos, with the remaining share distributed among various smaller trading partners.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Laos in value, 2017-2020
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