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Asia - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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Asia: Overview of the Market for Crude Sunflower-Seed And Safflower Oil 2021

Market Size for Crude Sunflower-Seed And Safflower Oil in Asia

For the third year in a row, the Asian market for crude sunflower-seed and safflower oil recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. The level of consumption peaked in 2019 and is expected to retain growth in years to come.

Production of Crude Sunflower-Seed And Safflower Oil in Asia

In value terms, crude sunflower-seed and safflower oil production amounted to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2012 to 2019, production growth remained at a somewhat lower figure.

Production By Country in Asia

China (X tonnes) constituted the country with the largest volume of crude sunflower-seed and safflower oil production, comprising approx. X% of total volume. Moreover, crude sunflower-seed and safflower oil production in China exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), fivefold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

In China, crude sunflower-seed and safflower oil production increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and Japan (+X% per year).

Exports of Crude Sunflower-Seed And Safflower Oil

Exports in Asia

In 2019, overseas shipments of crude sunflower-seed and safflower oil decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. In general, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2018, and then dropped in the following year.

In value terms, crude sunflower-seed and safflower oil exports shrank to $X in 2019. Over the period under review, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. The level of export peaked at $X in 2018, and then fell in the following year.

Exports by Country

Kazakhstan represented the key exporting country with an export of about X tonnes, which recorded X% of total exports. It was distantly followed by Turkey (X tonnes), making up an X% share of total exports. Malaysia (X tonnes) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the crude sunflower-seed and safflower oil exports, with a CAGR of +X% from 2007 to 2019. At the same time, Turkey (+X%) and Malaysia (+X%) displayed positive paces of growth. From 2007 to 2019, the share of Kazakhstan and Turkey increased by +X% and +X% percentage points, while Malaysia (-X p.p.) saw their share reduced.

In value terms, Kazakhstan ($X) remains the largest crude sunflower-seed and safflower oil supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value in Kazakhstan amounted to +X%. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2019, the export price for crude sunflower-seed and safflower oil in Asia amounted to $X per tonne, reducing by -X% against the previous year. Overall, the export price showed a mild contraction. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2019, the country with the highest price was Malaysia ($X per tonne), while Kazakhstan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced mixed trends in the export price figures.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports in Asia

In 2019, approx. X tonnes of crude sunflower-seed and safflower oil were imported in Asia; picking up by X% compared with the year before. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the near future.

In value terms, crude sunflower-seed and safflower oil imports rose markedly to $X in 2019. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are likely to see gradual growth in the near future.

Imports by Country

In 2019, India (X tonnes) represented the largest importer of crude sunflower-seed and safflower oil, committing X% of total imports. China (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Iran (X%) and Turkey (X%). The following importers - Saudi Arabia (X tonnes) and Kazakhstan (X tonnes) - each recorded a X% share of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2019. At the same time, China (+X%), Kazakhstan (+X%), Turkey (+X%), Iran (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2019. From 2007 to 2019, the share of China and India increased by +X% and +X% percentage points, while Turkey (-X p.p.) and Iran (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported crude sunflower-seed and safflower oil in Asia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Iran, with a X% share.

In India, crude sunflower-seed and safflower oil imports expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: China (+X% per year) and Iran (+X% per year).

Import Prices by Country

In 2019, the import price for crude sunflower-seed and safflower oil in Asia amounted to $X per tonne, declining by -X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in China ($X per tonne) and Saudi Arabia ($X per tonne), while Kazakhstan ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in Asia?
+
China (7.2M tonnes) constituted the country with the largest volume of crude sunflower-seed and safflower oil consumption, comprising approx. 36% of total volume. Moreover, crude sunflower-seed and safflower oil consumption in China exceeded the figures recorded by the second-largest consumer, India (2.9M tonnes), twofold. The third position in this ranking was occupied by Indonesia (1.3M tonnes), with a 6.4% share.
What are the largest producers of crude sunflower-seed and safflower oil in Asia?
+
China (6.4M tonnes) remains the largest crude sunflower-seed and safflower oil producing country in Asia, accounting for 43% of total volume. Moreover, crude sunflower-seed and safflower oil production in China exceeded the figures recorded by the second-largest producer, Indonesia (1.3M tonnes), fivefold. The third position in this ranking was occupied by Japan (1.2M tonnes), with a 8.1% share.
What are the leading suppliers of crude sunflower-seed and safflower oil in Asia?
+
In value terms, Kazakhstan ($50M) remains the largest crude sunflower-seed and safflower oil supplier in Asia, comprising 74% of total exports. The second position in the ranking was occupied by Turkey ($8.8M), with a 13% share of total exports.
What are the leading importers of crude sunflower-seed and safflower oil in Asia?
+
In value terms, India ($1.8B) constitutes the largest market for imported crude sunflower-seed and safflower oil in Asia, comprising 47% of total imports. The second position in the ranking was occupied by China ($645M), with a 17% share of total imports. It was followed by Iran, with a 12% share.
What is the average export price for crude sunflower-seed and safflower oil in Asia?
+
In 2019, the export price for crude sunflower-seed and safflower oil in Asia amounted to $794 per tonne, reducing by -1.8% against the previous year.
What is the average import price for crude sunflower-seed and safflower oil in Asia?
+
The import price for crude sunflower-seed and safflower oil in Asia stood at $751 per tonne in 2019, reducing by -4.7% against the previous year.

Product coverage:
• Prodcom 10412400 - Crude sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Macao SAR
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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