Asia: Oat Market 2024

Oat Market Size in Asia

In 2022, the Asian oat market increased by X% to $X, rising for the third year in a row after two years of decline. The total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. The level of consumption peaked in 2022 and is likely to continue growth in the immediate term.

Oat Production in Asia

In value terms, oat production expanded slightly to $X in 2022 estimated in export price. Overall, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

China (X tons) remains the largest oat producing country in Asia, comprising approx. X% of total volume. Moreover, oat production in China exceeded the figures recorded by the second-largest producer, Turkey (X tons), twofold. The third position in this ranking was taken by Kazakhstan (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Turkey (X% per year) and Kazakhstan (X% per year).

In 2022, the average oat yield in Asia was estimated at X tons per ha, with an increase of X% compared with the previous year. Over the period under review, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the oat yield hit record highs at X tons per ha in 2013; however, from 2014 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The oat harvested area contracted modestly to X ha in 2022, declining by X% against the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to oat production attained the maximum at X ha in 2021, and then shrank modestly in the following year.

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Oat Exports

Exports in Asia

In 2022, the amount of oats exported in Asia soared to X tons, increasing by X% compared with 2021. Over the period under review, exports continue to indicate a strong increase. The growth pace was the most rapid in 2016 with an increase of X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, oat exports surged to $X in 2022. Overall, exports recorded prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the major exporting country with an export of around X tons, which reached X% of total exports. Kazakhstan (X tons) held the second position in the ranking, distantly followed by Afghanistan (X tons) and Turkey (X tons). All these countries together took approx. X% share of total exports. The following exporters - India (X tons), Pakistan (X tons) and Thailand (X tons) - each amounted to a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the largest oat supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

In the United Arab Emirates, oat exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Oat Imports

Imports in Asia

In 2022, overseas purchases of oats increased by X% to X tons, rising for the third year in a row after two years of decline. In general, imports saw strong growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, oat imports skyrocketed to $X in 2022. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

China prevails in imports structure, reaching X tons, which was approx. X% of total imports in 2022. India (X tons) took the second position in the ranking, followed by Japan (X tons). All these countries together held approx. X% share of total imports. The United Arab Emirates (X tons), South Korea (X tons), Malaysia (X tons) and Sri Lanka (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to oat imports into China stood at X%. At the same time, Sri Lanka (X%), India (X%), South Korea (X%), Malaysia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), India (X p.p.), Sri Lanka (X p.p.) and South Korea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported oats in Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by India, with a X% share.

In China, oat imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and India (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, saw a mild contraction. The pace of growth was the most pronounced in 2019 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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