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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

After two years of growth, the Asian fish fat and oil market decreased by -X% to $X in 2019. The market 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 2009 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Production of Fish Fats And Oils in Asia

In value terms, fish fat and oil production declined to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2009 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.

Production By Country in Asia

China (X tonnes) remains the largest fish fat and oil producing country in Asia, 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. Japan (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in China stood at +X%. 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 2019, shipments abroad of fish fats and oils was finally on the rise to reach X tonnes after three years of decline. Overall, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2013; however, from 2014 to 2019, exports remained at a lower figure.

In value terms, fish fat and oil exports skyrocketed to $X in 2019. In general, exports saw a prominent increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum in 2019 and are expected to retain growth in the immediate term.

Exports by Country

In 2019, China (X tonnes) and Viet Nam (X tonnes) were the major exporters of fish fats and oils in Asia, together accounting for near X% of total exports. It was distantly followed by Japan (X tonnes), Oman (X tonnes) and Turkey (X tonnes), together generating a X% share of total exports. The following exporters - Thailand (X tonnes) and Georgia (X tonnes) - each finished at a X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Oman, while exports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2019, the average annual rate of growth in terms of value in China stood at +X%. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2019, the fish fat and oil export price in Asia amounted to $X per tonne, with an increase of X% against the previous year. Export price indicated moderate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, fish fat and oil export price decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. Over the period under review, export prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Georgia, while the other leaders experienced more modest paces of growth.

Imports of Fish Fats And Oils

Imports in Asia

Fish fat and oil imports skyrocketed to X tonnes in 2019, rising by X% against the previous year's figure. Total imports indicated a strong increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, fish fat and oil imports surged to $X in 2019. Over the period under review, imports saw buoyant growth. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. The level of import peaked in 2019 and is expected to retain growth in years to come.

Imports by Country

Turkey (X tonnes) and China (X tonnes) were the main importers of fish fats and oils in 2019, amounting to approx. X% and X% of total imports, respectively. It was distantly followed by Japan (X tonnes), Viet Nam (X tonnes), South Korea (X tonnes) and Indonesia (X tonnes), together generating a X% share of total imports. Malaysia (X tonnes) occupied a minor share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Turkey, while imports 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 2007-2019. 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 2019, growing by X% against the previous year. Import price indicated a perceptible expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, fish fat and oil import price increased by +X% against 2011 indices. The growth pace was the most rapid in 2012 an increase of X% year-to-year. The level of import peaked in 2019 and is likely to see steady growth in the immediate term.

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 2019, 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 AI 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 (659K tonnes), comprising approx. 33% of total volume. Moreover, fish fat and oil consumption in China exceeded the figures recorded by the second-largest consumer, India (270K tonnes), twofold. Japan (165K tonnes) ranked third in terms of total consumption with a 8.2% share.
What are the largest producers of fish fats and oils in Asia?
+
The country with the largest volume of fish fat and oil production was China (634K tonnes), accounting for 33% of total volume. Moreover, fish fat and oil production in China exceeded the figures recorded by the second-largest producer, India (272K tonnes), twofold. Japan (159K tonnes) ranked third in terms of total production with a 8.3% share.
What are the leading suppliers of fish fats and oils in Asia?
+
In value terms, China ($130M) remains the largest fish fat and oil supplier in Asia, comprising 41% of total exports. The second position in the ranking was occupied by Viet Nam ($52M), with a 16% share of total exports. It was followed by Japan, with a 16% share.
What are the leading importers of fish fats and oils in Asia?
+
In value terms, China ($200M) constitutes the largest market for imported fish fats and oils in Asia, comprising 38% of total imports. The second position in the ranking was occupied by Turkey ($85M), with a 16% share of total imports. It was followed by Japan, with a 12% share.
What is the average export price for fish fats and oils in Asia?
+
In 2019, the fish fat and oil export price in Asia amounted to $2,778 per tonne, rising by 2.4% against the previous year.
What is the average import price for fish fats and oils in Asia?
+
In 2019, the fish fat and oil import price in Asia amounted to $2,327 per tonne, picking up by 8.8% 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
• 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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