Latest Report Update: Dec 23, 2021

Asia - Rapeseed Oil - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Asia: Rapeseed Oil Market Overview 2021

Rapeseed Oil Market Size in Asia

In 2020, the Asian rapeseed oil market increased by X% to $X, rising for the third year in a row after four years of decline. The total consumption indicated modest growth 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 pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Rapeseed Oil Production in Asia

In value terms, rapeseed oil production dropped to $X in 2020 estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2020, production failed to regain the momentum.

Production by Country in Asia

The countries with the highest volumes of rapeseed oil production in 2020 were China (X tonnes), India (X tonnes) and Japan (X tonnes), together accounting for X% of total production. Pakistan, the United Arab Emirates and Bangladesh lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in the United Arab Emirates, while rapeseed oil production for the other leaders experienced more modest paces of growth.

Rapeseed Oil Exports

Exports in Asia

In 2020, shipments abroad of rapeseed oil increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Total exports indicated a resilient increase 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, exports increased by +X% against 2018 indices. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. The volume of export peaked in 2020 and is expected to retain growth in the near future.

In value terms, rapeseed oil exports skyrocketed to $X in 2020. Total exports indicated resilient 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, exports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, exports attained the maximum in 2020 and are likely to see steady growth in the immediate term.

Exports by Country

In 2020, the United Arab Emirates (X tonnes) represented the key exporter of rapeseed oil, committing X% of total exports. Malaysia (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Kazakhstan (X%). The following exporters - Bangladesh (X tonnes) and Singapore (X tonnes) - each resulted at a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to rapeseed oil exports from the United Arab Emirates stood at +X%. at the same time, Kazakhstan (+X%), Bangladesh (+X%), Malaysia (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. While the share of Kazakhstan (+X p.p.) and the United Arab Emirates (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Malaysia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In the United Arab Emirates, rapeseed oil exports increased 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: Malaysia (+X% per year) and Kazakhstan (+X% per year).

Export Prices by Country

In 2020, the rapeseed oil export price in Asia amounted to $X per tonne, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while the United Arab Emirates ($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.

Rapeseed Oil Imports

Imports in Asia

In 2020, approx. X tonnes of rapeseed oil were imported in Asia; rising by X% compared with the previous year's figure. in general, imports posted a prominent expansion. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. The volume of import peaked in 2020 and is likely to see gradual growth in the near future.

In value terms, rapeseed oil imports surged to $X in 2020. Overall, imports recorded a resilient expansion. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

China prevails in rapeseed oil imports structure, resulting at X tonnes, which was approx. X% of total imports in 2020. It was distantly followed by South Korea (X tonnes), comprising a X% share of total imports. Malaysia (X tonnes), India (X tonnes), Hong Kong SAR (X tonnes) and Israel (X tonnes) followed a long way behind the leaders.

China was also the fastest-growing in terms of the rapeseed oil imports, with a CAGR of +X% from 2007 to 2020. at the same time, South Korea (+X%), Israel (+X%), Hong Kong SAR (+X%), India (+X%) and Malaysia (+X%) displayed positive paces of growth. From 2007 to 2020, the share of China increased by +X% percentage points, while Hong Kong SAR (-X p.p.), India (-X p.p.) and Malaysia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2020, the average annual rate of growth in terms of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

The rapeseed oil import price in Asia stood at $X per tonne in 2020, surging by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. in 2020, major importing countries recorded the following prices: in Israel ($X per tonne) and India ($X per tonne), while South Korea ($X per tonne) and China ($X per tonne) were 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 mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rapeseed oil in Asia?
+
China (5.5M tonnes) remains the largest rapeseed oil consuming country in Asia, comprising approx. 53% of total volume. Moreover, rapeseed oil consumption in China exceeded the figures recorded by the second-largest consumer, India (2.6M tonnes), twofold. Japan (1.1M tonnes) ranked third in terms of total consumption with a 11% share.
What are the largest producers of rapeseed oil in Asia?
+
The countries with the highest volumes of rapeseed oil production in 2020 were China (3.5M tonnes), India (2.5M tonnes) and Japan (1M tonnes), with a combined 86% share of total production. Pakistan, the United Arab Emirates and Bangladesh lagged somewhat behind, together accounting for a further 11%.
What are the leading suppliers of rapeseed oil in Asia?
+
In value terms, the United Arab Emirates ($311M) remains the largest rapeseed oil supplier in Asia, comprising 63% of total exports. The second position in the ranking was occupied by Malaysia ($82M), with a 17% share of total exports. It was followed by Kazakhstan, with a 8.6% share.
What are the leading importers of rapeseed oil in Asia?
+
In value terms, China ($1.6B) constitutes the largest market for imported rapeseed oil in Asia, comprising 76% of total imports. The second position in the ranking was occupied by South Korea ($114M), with a 5.3% share of total imports. It was followed by Malaysia, with a 3.3% share.
What is the average export price for rapeseed oil in Asia?
+
In 2020, the rapeseed oil export price in Asia amounted to $920 per tonne, growing by 2% against the previous year.
What is the average import price for rapeseed oil in Asia?
+
The rapeseed oil import price in Asia stood at $871 per tonne in 2020, growing by 3.7% against the previous year.

Product coverage:
• FCL 271 - Oil of Rapeseed or Canola oil

This report provides an in-depth analysis of the rapeseed 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.


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
• 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 2007–2020
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 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, 2007–2020
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
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data