Groundnutoil-cake market in the United States

Earlier Report Observations

The U.S. market for groundnut oil-cake grew consistently from 2018 to 2021, with volume expanding from 116.4 thousand tons to 148.0 thousand tons. This rise was supported by increasing production, which peaked at 153.0 thousand tons in 2020.

After 2021, the market volume began to decline, falling to 145.8 thousand tons in 2022 and then sharply to 118.3 thousand tons in 2023. The contraction coincided with a notable increase in exports, which reached 8.3 thousand tons in 2023, reflecting strong external demand that reduced domestic availability.

Broader industry dynamics, including rising consumption of crude groundnut oil and sustained demand for protein-rich animal feed, have influenced the market environment, though these factors did not offset the volume drop in 2023.

Production groundnutoil-cake in the United States

In kind, 2017-2020, K t

From 2017 to 2020, the United States ranked sixth globally in groundnutoil-cake production.

Top producers of groundnutoil-cake, 2017-2020

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

Groundnutoil-cake production in the United States grew for the second year in a row. In 2020, the country produced 153.0 K t, marking a solid 12.5% increase from the previous year. Over the 2017–2020 period, production rose by 19.5%, averaging an annual growth rate of 6.1%. The lowest output was in 2018 at 116.0 K t, which also saw the largest decline of 9.4%. In contrast, 2019 recorded the biggest increase at 17.2%.

Annual dynamics of production in the United States in kind, 2017-2020, K t

In value, 2017-2020, K $ US

Groundnutoil-cake production in the United States continued its upward trend for the second consecutive year. In 2020, the output was valued at 34 202 K $ US, reflecting a sharp 28.4% rise compared to 2019. From 2017 to 2020, production value increased by 19.1%, with an average annual rate of 6.0%. The lowest value occurred in 2018 at 22 651 K $ US, which also experienced the largest decline of 21.1%.

Annual dynamics of production in the United States in value, 2017-2020, K $ US

Exports groundnutoil-cake from the United States

Exports in kind, t

The market showed noticeable fluctuations during this period. Import levels varied significantly, with a 5.3-fold difference between the low in 2018 and the high in 2020. In 2020, U.S. groundnutoil-cake exports reached 7 318 t, a substantial 234.4% increase from the previous year. The lowest export volume was in 2018 at 1 384 t, which also saw the largest decline of 51.5%.

Annual dynamics of product's exports from the United States in kind, 2017-2020, t

From 2017 to 2020, the main destinations for U.S. groundnutoil-cake exports in kind were Mexico (35.2% of exports), Australia (23.8%), and the United Kingdom (9.3%). Together, these three countries accounted for 68.3% of total export flows.

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

World map of product's exports from the United States in kind, 2017-2020

Exports in value, K $ US

The market exhibited volatility over the observed period. There was a 6.1-fold variation between the minimum in 2018 and the maximum in 2020. In 2020, the value of U.S. groundnutoil-cake exports stood at 1 636 K $ US, representing an abrupt 281.7% rise from 2019. The lowest value was recorded in 2018 at 270 K $ US, which also experienced the largest decline of 57.8%.

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

Throughout 2017–2020, Mexico (41.4% of exports in value terms), Australia (21.6%), and the United Kingdom (8.5%) remained the key destinations for U.S. groundnutoil-cake exports. Combined, they made up 71.5% of total export flows.

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

World map of product's exports from the United States in value, 2017-2020

Imports groundnutoil-cake to the United States

Imports in kind, t

In 2020, groundnutoil-cake imports into the United States totaled 757 t, a steep 61.1% decrease year-over-year. From 2017 to 2020, imports fell by 60.4%, averaging an annual decline of 26.6%. The highest import volume was in 2019 at 1 947 t, which also saw the largest increase of 7.0%.

Annual dynamics of product's imports to the United States in kind, 2017-2020, t

From 2017 to 2020, two key markets—Argentina and Brazil—dominated U.S. groundnutoil-cake imports in kind, together accounting for 99.7% of total flows.

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

World map of product's imports to the United States in kind, 2017-2020

Imports in value, K $ US

In 2020, the United States imported 2 690 K $ US worth of groundnutoil-cake, a 50.8% decline from the previous year. Over the 2017–2020 period, imports decreased by 46.2%, with an average annual rate of decline of 18.7%. The highest import value was in 2019 at 5 466 K $ US, which also recorded the largest increase of 17.5%.

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

From 2017 to 2020, Brazil and Argentina captured the majority of U.S. groundnutoil-cake imports in value terms, jointly taking 99.8% of total flows.

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

World map of product's imports to the United States in value, 2017-2020