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Asia - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Asia: Overview of the Market for Fish Fats And Oils 2021

Market Size for Fish Fats And Oils in Asia

In 2020, the Asian fish fat and oil market increased by X% to $X, rising for the fourth consecutive year after three years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in years to come.

Production of Fish Fats And Oils in Asia

In value terms, fish fat and oil production rose sharply to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, production attained the peak level in 2020 and is likely to continue growth in the near future.

Production By Country in Asia

The country with the largest volume of fish fat and oil production was China (X tonnes), comprising approx. X% of total volume. Moreover, fish fat and oil production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), twofold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

In China, fish fat and oil production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Japan (+X% per year).

Exports of Fish Fats And Oils

Exports in Asia

In 2020, overseas shipments of fish fats and oils increased by X% to X tonnes, rising for the third year in a row after two years of decline. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in years to come.

In value terms, fish fat and oil exports skyrocketed to $X in 2020. Overall, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. The level of export peaked in 2020 and is expected to retain growth in the immediate term.

Exports by Country

Viet Nam was the key exporting country with an export of around X tonnes, which recorded X% of total exports. China (X tonnes) ranks second in terms of the total exports with a X% share, followed by Japan (X%), Turkey (X%) and Oman (X%). Thailand (X tonnes) and Malaysia (X tonnes) held a little share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Oman, while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest fish fat and oil supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by Viet Nam, with a X% share.

In China, fish fat and oil exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and Viet Nam (+X% per year).

Export Prices by Country

In 2020, the fish fat and oil export price in Asia amounted to $X per tonne, which is down by -X% against the previous year. Export price indicated a perceptible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne, and then contracted rapidly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Imports of Fish Fats And Oils

Imports in Asia

In 2020, imports of fish fats and oils in Asia reached X tonnes, picking up by X% on the year before. Total imports indicated a resilient expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. The volume of import peaked in 2020 and is expected to retain growth in years to come.

In value terms, fish fat and oil imports reached $X in 2020. Overall, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Imports by Country

In 2020, China (X tonnes) and Turkey (X tonnes) represented the key importers of fish fats and oils in Asia, together making up X% of total imports. It was distantly followed by Japan (X tonnes) and Viet Nam (X tonnes), together creating a X% share of total imports. The following importers - Thailand (X tonnes), Malaysia (X tonnes), Indonesia (X tonnes), Taiwan (Chinese) (X tonnes) and South Korea (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the biggest increases were in Turkey, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported fish fats and oils in Asia, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In China, fish fat and oil imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Japan (+X% per year).

Import Prices by Country

The fish fat and oil import price in Asia stood at $X per tonne in 2020, declining by -X% against the previous year. Import price indicated a moderate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, fish fat and oil import price increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. Over the period under review, import prices hit record highs at $X per tonne in 2019, and then shrank in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fats and oils in Asia?
+
The country with the largest volume of fish fat and oil consumption was China (744K tonnes), comprising approx. 34% of total volume. Moreover, fish fat and oil consumption in China exceeded the figures recorded by the second-largest consumer, India (285K tonnes), threefold. Japan (161K tonnes) ranked third in terms of total consumption with a 7.4% share.
What are the largest producers of fish fats and oils in Asia?
+
China (692K tonnes) remains the largest fish fat and oil producing country in Asia, comprising approx. 33% of total volume. Moreover, fish fat and oil production in China exceeded the figures recorded by the second-largest producer, India (285K tonnes), twofold. The third position in this ranking was occupied by Japan (157K tonnes), with a 7.6% share.
What are the leading suppliers of fish fats and oils in Asia?
+
In value terms, China ($150M) remains the largest fish fat and oil supplier in Asia, comprising 44% of total exports. The second position in the ranking was occupied by Japan ($49M), with a 14% share of total exports. It was followed by Viet Nam, with a 12% share.
What are the leading importers of fish fats and oils in Asia?
+
In value terms, China ($259M) constitutes the largest market for imported fish fats and oils in Asia, comprising 45% of total imports. The second position in the ranking was occupied by Turkey ($88M), with a 15% share of total imports. It was followed by Japan, with a 11% share.
What is the average export price for fish fats and oils in Asia?
+
In 2020, the fish fat and oil export price in Asia amounted to $2,304 per tonne, shrinking by -21.8% against the previous year.
What is the average import price for fish fats and oils in Asia?
+
In 2020, the fish fat and oil import price in Asia amounted to $2,295 per tonne, which is down by -3.6% against the previous year.

Product coverage:
• Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)

This report provides an in-depth analysis of the market for fish fat and 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
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• 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
• Hong Kong SAR
• 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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