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Central Asia - Refined Soybean Oil And Its Fractions - Market Analysis, Forecast, Size, Trends And Insights
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Central Asia: Refined Soybean Oil Market Overview 2021

Refined Soybean Oil Market Size in Central Asia

The Central Asian refined soybean oil market fell to $X in 2019, declining by -X% against the previous year. In general, consumption saw a mild descent. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the market remained at a somewhat lower figure.

Refined Soybean Oil Production in Central Asia

In value terms, refined soybean oil production shrank to $X in 2019 estimated in export prices. Overall, production recorded a pronounced reduction. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2009 to 2019, production growth failed to regain the momentum.

Production By Country in Central Asia

The countries with the highest volumes of refined soybean oil production in 2019 were Kazakhstan (X tonnes), Uzbekistan (X tonnes) and Turkmenistan (X tonnes), together comprising X% of total production. Kyrgyzstan and Tajikistan lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Tajikistan, while refined soybean oil production for the other leaders experienced more modest paces of growth.

Refined Soybean Oil Exports

Exports in Central Asia

In 2019, the amount of refined soybean oil and its fractions exported in Central Asia dropped markedly to X tonnes, waning by -X% against the year before. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2017 to 2019, the growth exports failed to regain the momentum.

In value terms, refined soybean oil exports fell sharply to $X in 2019. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2017 to 2019, the growth exports remained at a lower figure.

Exports by Country

The biggest shipments were from Kazakhstan (X tonnes), together recording X% of total export.

Kazakhstan was also the fastest-growing in terms of the refined soybean oil and its fractions exports, with a CAGR of -X% from 2007 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest refined soybean oil supplier in Central Asia.

From 2007 to 2019, the average annual growth rate of value in Kazakhstan totaled -X%.

Export Prices by Country

In 2019, the refined soybean oil export price in Central Asia amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the export price saw a perceptible contraction. The growth pace was the most rapid in 2015 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2007 to 2019, the rate of growth in terms of prices for Kazakhstan amounted to -X% per year.

Refined Soybean Oil Imports

Imports in Central Asia

In 2019, the amount of refined soybean oil and its fractions imported in Central Asia fell to X tonnes, declining by -X% on the previous year. In general, imports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2014 to 2019, the growth imports failed to regain the momentum.

In value terms, refined soybean oil imports declined to $X in 2019. Over the period under review, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, Mongolia (X tonnes) represented the main importer of refined soybean oil and its fractions, generating X% of total imports. It was distantly followed by Tajikistan (X tonnes), generating a X% share of total imports. The following importers - Turkmenistan (X tonnes) and Uzbekistan (X tonnes) - each reached a X% share of total imports.

From 2007 to 2019, the biggest increases were in Turkmenistan, while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Mongolia ($X) constitutes the largest market for imported refined soybean oil and its fractions in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Tajikistan ($X), with a X% share of total imports. It was followed by Turkmenistan, with a X% share.

In Mongolia, refined soybean oil imports decreased by 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: Tajikistan (-X% per year) and Turkmenistan (+X% per year).

Import Prices by Country

The refined soybean oil import price in Central Asia stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The growth pace was the most rapid in 2010 when the import price increased by X% y-o-y. Over the period under review, import prices attained the peak figure at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Mongolia ($X per tonne) and Turkmenistan ($X per tonne), while Tajikistan ($X per tonne) and Uzbekistan ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Mongolia, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined soybean oil and its fractions in Central Asia?
+
The countries with the highest volumes of refined soybean oil consumption in 2019 were Kazakhstan (45K tonnes), Uzbekistan (25K tonnes) and Turkmenistan (15K tonnes), with a combined 77% share of total consumption.
What are the largest producers of refined soybean oil and its fractions in Central Asia?
+
The countries with the highest volumes of refined soybean oil production in 2019 were Kazakhstan (45K tonnes), Uzbekistan (25K tonnes) and Turkmenistan (15K tonnes), together accounting for 81% of total production. Kyrgyzstan and Tajikistan lagged somewhat behind, together comprising a further 19%.
What are the leading exporters of refined soybean oil and its fractions in Central Asia?
+
In value terms, Kazakhstan ($218K) remains the largest refined soybean oil supplier in Central Asia.
What are the leading importers of refined soybean oil and its fractions in Central Asia?
+
In value terms, Mongolia ($3.5M) constitutes the largest market for imported refined soybean oil and its fractions in Central Asia, comprising 65% of total imports. The second position in the ranking was occupied by Tajikistan ($1.4M), with a 27% share of total imports. It was followed by Turkmenistan, with a 2.7% share.
What is the average export price for refined soybean oil and its fractions in Central Asia?
+
In 2019, the refined soybean oil export price in Central Asia amounted to $704 per tonne, waning by -19.1% against the previous year.
What is the average import price for refined soybean oil and its fractions in Central Asia?
+
In 2019, the refined soybean oil import price in Central Asia amounted to $865 per tonne, shrinking by -3.2% against the previous year.

Product coverage:
• Prodcom 10415100 - Refined soya-bean oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined soybean oil market in Central 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:
• Kyrgyzstan
• Mongolia
• Tajikistan
• Turkmenistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Central Asia, split by region and country
• Trade (exports and imports) in Central 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

• Kazakhstan
• Kyrgyzstan
• Mongolia
• Tajikistan
• Turkmenistan
• Uzbekistan
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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