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Eastern Asia - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Eastern Asia: Overview of the Market for Fish Fats And Oils 2021

Market Size for Fish Fats And Oils in Eastern Asia

The East Asian fish fat and oil market amounted to $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs in 2020 and is likely to see steady growth in years to come.

Production of Fish Fats And Oils in Eastern Asia

In value terms, fish fat and oil production totaled $X in 2020 estimated in export prices. The total output value 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 growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2020 and is likely to see gradual growth in the immediate term.

Production By Country in Eastern Asia

China (X tonnes) remains the largest fish fat and oil producing country in Eastern Asia, accounting for X% of total volume. Moreover, fish fat and oil production in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), fivefold. South Korea (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in China totaled +X%. 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 Fish Fats And Oils

Exports in Eastern Asia

In 2020, overseas shipments of fish fats and oils increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, fish fat and oil exports reached $X in 2020. Overall, exports saw prominent growth. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2020 and are likely to see steady growth in years to come.

Exports by Country

China (X tonnes) and Japan (X tonnes) prevails in fish fat and oil exports structure, together achieving X% of total exports. South Korea (X tonnes) followed a long way behind the leaders.

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

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

In China, fish fat and 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: Japan (+X% per year) and South Korea (+X% per year).

Export Prices by Country

In 2020, the fish fat and oil export price in Eastern Asia amounted to $X per tonne, shrinking by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2009; however, from 2010 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while South Korea ($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 Fish Fats And Oils

Imports in Eastern Asia

In 2020, the amount of fish fats and oils imported in Eastern Asia totaled X tonnes, with an increase of X% on 2019 figures. Total imports indicated a temperate increase from 2007 to 2020: its volume 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, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous 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, fish fat and oil imports totaled $X in 2020. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. The level of import peaked in 2020 and is likely to see steady growth in the immediate term.

Imports by Country

China was the largest importing country with an import of about X tonnes, which amounted to X% of total imports. Japan (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Taiwan (Chinese) (X%) and South Korea (X%).

China was also the fastest-growing in terms of the fish fats and oils imports, with a CAGR of +X% from 2007 to 2020. Japan and South Korea experienced a relatively flat trend pattern. Taiwan (Chinese) (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the total imports, while South Korea, Japan and Taiwan (Chinese) saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively.

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

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

Import Prices by Country

The fish fat and oil import price in Eastern Asia stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. The level of import peaked at $X per tonne in 2019, and then reduced in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while Taiwan (Chinese) ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fats and oils in Eastern Asia?
+
The country with the largest volume of fish fat and oil consumption was China (772K tonnes), accounting for 73% of total volume. Moreover, fish fat and oil consumption in China exceeded the figures recorded by the second-largest consumer, Japan (163K tonnes), fivefold. South Korea (59K tonnes) ranked third in terms of total consumption with a 5.6% share.
What are the largest producers of fish fats and oils in Eastern Asia?
+
China (719K tonnes) constituted the country with the largest volume of fish fat and oil production, comprising approx. 73% of total volume. Moreover, fish fat and oil production in China exceeded the figures recorded by the second-largest producer, Japan (159K tonnes), fivefold. The third position in this ranking was occupied by South Korea (53K tonnes), with a 5.4% share.
What are the leading exporters of fish fats and oils in Eastern Asia?
+
In value terms, China ($150M) remains the largest fish fat and oil supplier in Eastern Asia, comprising 73% of total exports. The second position in the ranking was occupied by Japan ($49M), with a 24% share of total exports.
What are the leading importers of fish fats and oils in Eastern Asia?
+
In value terms, China ($259M) constitutes the largest market for imported fish fats and oils in Eastern Asia, comprising 75% of total imports. The second position in the ranking was occupied by Japan ($60M), with a 17% share of total imports. It was followed by South Korea, with a 4.1% share.
What is the average export price for fish fats and oils in Eastern Asia?
+
The fish fat and oil export price in Eastern Asia stood at $4,198 per tonne in 2020, dropping by -2.4% against the previous year.
What is the average import price for fish fats and oils in Eastern Asia?
+
In 2020, the fish fat and oil import price in Eastern Asia amounted to $2,879 per tonne, shrinking by -7.3% against the previous year.

Product coverage:
• Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)

This report provides an in-depth analysis of the market for fish fat and 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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