Report Asia - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 20, 2023

Asia - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights

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Asia: Mustard Seed Market 2023

Mustard Seed Market Size in Asia

In 2021, after two years of decline, there was significant growth in the Asian mustard seed market, when its value increased by 13% to $X. Over the period under review, consumption, however, continues to indicate a perceptible decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Mustard Seed Production in Asia

In value terms, mustard seed production rose to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable descent. The pace of growth was the most pronounced in 2017 when the production volume increased by 15% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Nepal (X tons) constituted the country with the largest volume of mustard seed production, accounting for 61% of total volume. Moreover, mustard seed production in Nepal exceeded the figures recorded by the second-largest producer, India (X tons), fourfold. The third position in this ranking was taken by Myanmar (X tons), with an 11% share.

In Nepal, mustard seed production expanded at an average annual rate of +4.3% over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: India (+0.9% per year) and Myanmar (-2.9% per year).

In 2021, the average yield of mustard seed in Asia fell slightly to X tons per ha, with a decrease of -4.7% against the year before. The yield figure increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 12% against the previous year. Over the period under review, the mustard seed yield attained the maximum level at X tons per ha in 2020, and then declined slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of mustard seed were harvested in Asia; with an increase of 5.3% against the previous year's figure. Over the period under review, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the harvested area increased by 13% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2020 to 2021, the growth of the mustard seed harvested area failed to regain momentum.

Mustard Seed Exports

Exports in Asia

After two years of growth, shipments abroad of mustard seed decreased by -23.4% to X tons in 2021. Overall, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by 132% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then shrank sharply in the following year.

In value terms, mustard seed exports expanded to $X in 2021. In general, exports, however, posted strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 109%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

India represented the major exporter of mustard seed in Asia, with the volume of exports recording X tons, which was near 81% of total exports in 2021. It was distantly followed by Kazakhstan (X tons), constituting a 13% share of total exports. The following exporters - the United Arab Emirates (X tons) and Myanmar (X tons) - each finished at a 3.7% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to mustard seed exports from India stood at +6.2%. At the same time, the United Arab Emirates (+32.1%) and Myanmar (+16.5%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in Asia, with a CAGR of +32.1% from 2012-2021. Kazakhstan experienced a relatively flat trend pattern. India (+5.3 p.p.) and the United Arab Emirates (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -8.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest mustard seed supplier in Asia, comprising 86% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an 8.9% share of total exports. It was followed by the United Arab Emirates, with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +7.3%. In the other countries, the average annual rates were as follows: Kazakhstan (-0.9% per year) and the United Arab Emirates (+32.2% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, surging by 37% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was India ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+1.0%), while the other leaders experienced mixed trends in the export price figures.

Mustard Seed Imports

Imports in Asia

In 2021, approx. X tons of mustard seed were imported in Asia; jumping by 38% on 2020. Overall, imports saw modest growth. The pace of growth appeared the most rapid in 2020 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, mustard seed imports skyrocketed to $X in 2021. In general, imports saw moderate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Bangladesh (X tons) and Nepal (X tons) dominates imports structure, together generating 76% of total imports. The following importers - Japan (X tons), Thailand (X tons), Sri Lanka (X tons) and Mongolia (X tons) - together made up 15% of total imports.

From 2012 to 2021, the biggest increases were in Mongolia (with a CAGR of +9.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mustard seed importing markets in Asia were Bangladesh ($X), Nepal ($X) and Japan ($X), with a combined 78% share of total imports. Thailand, Sri Lanka and Mongolia lagged somewhat behind, together comprising a further 11%.

Mongolia, with a CAGR of +13.3%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, increasing by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nepal (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for mustard seed in Asia?
+
The country with the largest volume of mustard seed consumption was Nepal, comprising approx. 61% of total volume. Moreover, mustard seed consumption in Nepal exceeded the figures recorded by the second-largest consumer, Bangladesh, sixfold. Myanmar ranked third in terms of total consumption with a 9.7% share.
What are the largest producers of mustard seed in Asia?
+
Nepal constituted the country with the largest volume of mustard seed production, accounting for 61% of total volume. Moreover, mustard seed production in Nepal exceeded the figures recorded by the second-largest producer, India, fourfold. Myanmar ranked third in terms of total production with an 11% share.
What are the leading suppliers of mustard seed in Asia?
+
In value terms, India remains the largest mustard seed supplier in Asia, comprising 86% of total exports. The second position in the ranking was held by Kazakhstan, with an 8.9% share of total exports. It was followed by the United Arab Emirates, with a 1.8% share.
What are the leading importers of mustard seed in Asia?
+
In value terms, Bangladesh, Nepal and Japan appeared to be the countries with the highest levels of imports in 2021, with a combined 78% share of total imports. Thailand, Sri Lanka and Mongolia lagged somewhat behind, together comprising a further 11%.
What is the average export price for mustard seed in Asia?
+
The export price in Asia stood at $835 per ton in 2021, increasing by 37% against the previous year.
What is the average import price for mustard seed in Asia?
+
In 2021, the import price in Asia amounted to $767 per ton, with an increase of 21% against the previous year.

This report provides an in-depth analysis of the mustard seed market 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 2030.


Product coverage:
• FCL 292 - Mustard seed
Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
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 2012–2022
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
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Harvested Area, By Country, 2007-2022
Table 7:
Yield, By Country, 2007-2022
Table 8:
Imports, In Physical Terms, By Country, 2012–2022
Table 9:
Imports, In Value Terms, By Country, 2012–2022
Table 10:
Import Prices, By Country Of Destination, 2012–2022
Table 11:
Exports, In Physical Terms, By Country, 2012–2022
Table 12:
Exports, In Value Terms, By Country, 2012–2022
Table 13:
Export Prices, By Country Of Origin, 2012–2022
Table 14:
Producer Prices, By Major Producing Country, 2022
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
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:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Area Harvested, 2012–2022
Figure 20:
Yield, 2012–2022
Figure 21:
Production, By Country, 2022
Figure 22:
Production, In Physical Terms, By Country, 2012–2022
Figure 23:
Harvested Area, By Country, 2022
Figure 24:
Harvested Area, By Country, 2007-2022
Figure 25:
Yield, By Country, 2007-2022
Figure 26:
Imports, In Physical Terms, 2012–2022
Figure 27:
Imports, In Value Terms, 2012–2022
Figure 28:
Imports, In Physical Terms, By Country, 2022
Figure 29:
Imports, In Physical Terms, By Country, 2012–2022
Figure 30:
Imports, In Value Terms, By Country, 2012–2022
Figure 31:
Import Prices, By Country, 2012–2022
Figure 32:
Exports, In Physical Terms, 2012–2022
Figure 33:
Exports, In Value Terms, 2012–2022
Figure 34:
Exports, In Physical Terms, By Country, 2022
Figure 35:
Exports, In Physical Terms, By Country, 2012–2022
Figure 36:
Exports, In Value Terms, By Country, 2012–2022
Figure 37:
Export Prices, 2012–2022
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