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Eastern Asia - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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Eastern Asia: Overview of the Market for Crude Sunflower-Seed And Safflower Oil 2021

Market Size for Crude Sunflower-Seed And Safflower Oil in Eastern Asia

The East Asian market for crude sunflower-seed and safflower oil rose markedly to $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. The level of consumption peaked in 2020 and is likely to see steady growth in the near future.

Production of Crude Sunflower-Seed And Safflower Oil in Eastern Asia

In value terms, crude sunflower-seed and safflower oil production expanded significantly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2012 to 2020, production growth failed to regain the momentum.

Production By Country in Eastern Asia

China (X tonnes) constituted the country with the largest volume of crude sunflower-seed and safflower oil production, comprising approx. X% of total volume. Moreover, crude sunflower-seed and safflower oil production in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), sixfold. South Korea (X tonnes) ranked third in terms of total production with a X% share.

In China, crude sunflower-seed and safflower oil production increased at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Japan (-X% per year) and South Korea (+X% per year).

Exports of Crude Sunflower-Seed And Safflower Oil

Exports in Eastern Asia

In 2020, approx. X tonnes of crude sunflower-seed and safflower oil were exported in Eastern Asia; with a decrease of -X% compared with 2019. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. From 2015 to 2020, the growth exports remained at a lower figure.

In value terms, crude sunflower-seed and safflower oil exports declined remarkably to $X in 2020. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2015 to 2020, the growth exports failed to regain the momentum.

Exports by Country

China represented the key exporting country with an export of around X tonnes, which resulted at X% of total exports. It was distantly followed by Japan (X tonnes), comprising a X% share of total exports. Taiwan (Chinese) (X tonnes) followed a long way behind the leaders.

China was also the fastest-growing in terms of the crude sunflower-seed and safflower oil exports, with a CAGR of +X% from 2007 to 2020. Japan (-X%) and Taiwan (Chinese) (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) and Japan (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest crude sunflower-seed and safflower oil supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in China totaled +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Taiwan (Chinese) (-X% per year).

Export Prices by Country

The export price for crude sunflower-seed and safflower oil in Eastern Asia stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was China ($X per tonne), while Japan ($X per tonne) was 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 a decline in the export price figures.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports in Eastern Asia

In 2020, purchases abroad of crude sunflower-seed and safflower oil increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% year-to-year. The volume of import peaked in 2020 and is likely to see steady growth in the immediate term.

In value terms, crude sunflower-seed and safflower oil imports skyrocketed to $X in 2020. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Imports by Country

In 2020, China (X tonnes) represented the largest importer of crude sunflower-seed and safflower oil in Eastern Asia, committing X% of total import.

China was also the fastest-growing in terms of the crude sunflower-seed and safflower oil imports, with a CAGR of +X% from 2007 to 2020. From 2007 to 2020, the share of China increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported crude sunflower-seed and safflower oil in Eastern Asia.

In China, crude sunflower-seed and safflower oil imports increased at an average annual rate of +X% over the period from 2007-2020.

Import Prices by Country

In 2020, the import price for crude sunflower-seed and safflower oil in Eastern Asia amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in Eastern Asia?
+
China (8.9M tonnes) remains the largest crude sunflower-seed and safflower oil consuming country in Eastern Asia, comprising approx. 81% of total volume. Moreover, crude sunflower-seed and safflower oil consumption in China exceeded the figures recorded by the second-largest consumer, Japan (1.2M tonnes), eightfold. The third position in this ranking was occupied by South Korea (426K tonnes), with a 3.9% share.
What are the largest producers of crude sunflower-seed and safflower oil in Eastern Asia?
+
China (6.9M tonnes) constituted the country with the largest volume of crude sunflower-seed and safflower oil production, accounting for 77% of total volume. Moreover, crude sunflower-seed and safflower oil production in China exceeded the figures recorded by the second-largest producer, Japan (1.2M tonnes), sixfold. The third position in this ranking was occupied by South Korea (425K tonnes), with a 4.7% share.
What are the leading exporters of crude sunflower-seed and safflower oil in Eastern Asia?
+
In value terms, China ($850K) remains the largest crude sunflower-seed and safflower oil supplier in Eastern Asia, comprising 76% of total exports. The second position in the ranking was occupied by Japan ($189K), with a 17% share of total exports.
What are the leading importers of crude sunflower-seed and safflower oil in Eastern Asia?
+
In value terms, China ($1.5B) constitutes the largest market for imported crude sunflower-seed and safflower oil in Eastern Asia.
What is the average export price for crude sunflower-seed and safflower oil in Eastern Asia?
+
In 2020, the export price for crude sunflower-seed and safflower oil in Eastern Asia amounted to $1,110 per tonne, falling by -7.6% against the previous year.
What is the average import price for crude sunflower-seed and safflower oil in Eastern Asia?
+
In 2020, the import price for crude sunflower-seed and safflower oil in Eastern Asia amounted to $803 per tonne, with an increase of 6.7% against the previous year.

Product coverage:
• Prodcom 10412400 - Crude sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Eastern 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:
• China, Macao SAR
• Democratic People's Republic of Korea
• Taiwan, Chinese

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

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• 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 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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