Report Asia - Crude Palm Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Asia - Crude Palm Oil - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Crude Palm Oil Market 2022

Crude Palm Oil Market Size in Asia

The Asian crude palm oil market skyrocketed to $X in 2020, growing by X% against the previous year. The total consumption indicated a buoyant expansion from 2007 to 2020: its value 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, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level in 2020 and is expected to retain growth in years to come.

Crude Palm Oil Production in Asia

In value terms, crude palm oil production soared to $X in 2020 estimated in export prices. The total production indicated prominent growth from 2007 to 2020: its value 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. Based on 2020 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, production attained the maximum level in 2020 and is likely to see gradual growth in the immediate term.

Production By Country in Asia

Indonesia (X tonnes) constituted the country with the largest volume of crude palm oil production, accounting for X% of total volume. Moreover, crude palm oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (X tonnes), twofold.

In Indonesia, crude palm oil production expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Thailand (+X% per year).

Crude Palm Oil Exports

Exports in Asia

In 2020, approx. X tonnes of crude palm oil were exported in Asia; increasing by X% compared with the previous year. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. The volume of export peaked at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, crude palm oil exports soared to $X in 2020. Total exports indicated a tangible expansion from 2007 to 2020: its value 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, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. The level of export peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Indonesia was the main exporting country with an export of about X tonnes, which amounted to X% of total exports. It was distantly followed by Malaysia (X tonnes), achieving a X% share of total exports. Singapore (X tonnes) occupied a little share of total exports.

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

In value terms, Indonesia ($X), Malaysia ($X) and Singapore ($X) appeared to be the countries with the highest levels of exports in 2020, together comprising X% of total exports.

Among the main exporting countries, Malaysia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the crude palm oil export price in Asia amounted to $X per tonne, rising by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the export prices failed to regain the momentum.

Average prices varied somewhat amongst the major exporting countries. In 2020, the country with the highest price was Singapore ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

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

Crude Palm Oil Imports

Imports in Asia

In 2020, purchases abroad of crude palm oil decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, crude palm oil imports soared to $X in 2020. In general, imports, however, posted a modest expansion. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

India dominates crude palm oil imports structure, resulting at X tonnes, which was near X% of total imports in 2020. Malaysia (X tonnes) held the second position in the ranking, followed by Saudi Arabia (X tonnes). All these countries together occupied approx. X% share of total imports. The following importers - Pakistan (X tonnes) and Singapore (X tonnes) - each amounted to a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to crude palm oil imports into India stood at +X%. At the same time, Saudi Arabia (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2020. By contrast, Pakistan (-X%) and Singapore (-X%) illustrated a downward trend over the same period. India (+X p.p.), Saudi Arabia (+X p.p.) and Malaysia (+X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan and Singapore saw its share reduced by -X% and -X% from 2007 to 2020, respectively.

In value terms, India ($X) constitutes the largest market for imported crude palm oil in Asia, comprising X% of total imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

In India, crude palm 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: Malaysia (+X% per year) and Saudi Arabia (+X% per year).

Import Prices by Country

The crude palm oil import price in Asia stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Saudi Arabia ($X per tonne) and India ($X per tonne), while Singapore ($X per tonne) and Pakistan ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for crude palm oil in Asia?
+
Indonesia constituted the country with the largest volume of crude palm oil consumption, accounting for 59% of total volume. Moreover, crude palm oil consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia, twofold. India ranked third in terms of total consumption with a 10% share.
What are the largest producers of crude palm oil in Asia?
+
The country with the largest volume of crude palm oil production was Indonesia, comprising approx. 66% of total volume. Moreover, crude palm oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia, twofold.
What are the leading suppliers of crude palm oil in Asia?
+
In value terms, the largest crude palm oil supplying countries in Asia were Indonesia, Malaysia and Singapore, with a combined 98% share of total exports.
What are the leading importers of crude palm oil in Asia?
+
In value terms, India constitutes the largest market for imported crude palm oil in Asia, comprising 82% of total imports. The second position in the ranking was occupied by Malaysia, with a 5.8% share of total imports. It was followed by Saudi Arabia, with a 4.9% share.
What is the average export price for crude palm oil in Asia?
+
The crude palm oil export price in Asia stood at $665 per tonne in 2020, increasing by 15% against the previous year.
What is the average import price for crude palm oil in Asia?
+
The crude palm oil import price in Asia stood at $705 per tonne in 2020, growing by 31% against the previous year.

This report provides an in-depth analysis of the crude palm oil 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 2025.


Product coverage:
• FCL 257 - Oil of palm
Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• 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

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 2007–2021
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 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Physical Terms, By Country, 2007–2021
Table 7:
Imports, In Value Terms, By Country, 2007–2021
Table 8:
Import Prices, By Country Of Destination, 2007–2021
Table 9:
Exports, In Physical Terms, By Country, 2007–2021
Table 10:
Exports, In Value Terms, By Country, 2007–2021
Table 11:
Export Prices, By Country Of Origin, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
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:
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, 2007–2021
Figure 17:
Production, In Value Terms, 2007–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2007–2021
Figure 20:
Imports, In Physical Terms, 2007–2021
Figure 21:
Imports, In Value Terms, 2007–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2007–2021
Figure 24:
Imports, In Value Terms, By Country, 2007–2021
Figure 25:
Import Prices, By Country, 2007–2021
Figure 26:
Exports, In Physical Terms, 2007–2021
Figure 27:
Exports, In Value Terms, 2007–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2007–2021
Figure 30:
Exports, In Value Terms, By Country, 2007–2021
Figure 31:
Export Prices, 2007–2021
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