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Eastern Asia - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil And Tallow Oil - Market Analysis, Forecast, Size, Trends And Insights
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Eastern Asia: Oleo Oils Market Overview 2021

Oleo Oils Market Size in Eastern Asia

In 2020, the East Asian oleo oils market increased by X% to $X, rising for the fifth consecutive year after four years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. The level of consumption peaked in 2020 and is expected to retain growth in the immediate term.

Oleo Oils Production in Eastern Asia

In value terms, oleo oils production expanded significantly to $X in 2020 estimated in export prices. The total production indicated a perceptible increase 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, production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% year-to-year. The level of production peaked in 2020 and is expected to retain growth in the immediate term.

Production By Country in Eastern Asia

The country with the largest volume of oleo oils production was Taiwan (Chinese) (X tonnes), comprising approx. X% of total volume. Moreover, oleo oils production in Taiwan (Chinese) exceeded the figures recorded by the second-largest producer, South Korea (X tonnes), eightfold.

From 2007 to 2020, the average annual growth rate of volume in Taiwan (Chinese) was relatively modest.

Oleo Oils Exports

Exports in Eastern Asia

In 2020, shipments abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil increased by X% to X tonnes, rising for the third consecutive year after four years of decline. In general, exports posted resilient growth. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure in 2020 and are likely to see steady growth in years to come.

In value terms, oleo oils exports soared to $X in 2020. Overall, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in years to come.

Exports by Country

South Korea dominates oleo oils exports structure, resulting at X tonnes, which was near X% of total exports in 2020. China (X tonnes) held a minor share of total exports.

From 2007 to 2020, average annual rates of growth with regard to oleo oils exports from South Korea stood at +X%. At the same time, China (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +X% from 2007-2020. South Korea (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) remains the largest oleo oils supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in South Korea stood at +X%.

Export Prices by Country

In 2020, the oleo oils export price in Eastern Asia amounted to $X per tonne, remaining constant against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while South Korea stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Oleo Oils Imports

Imports in Eastern Asia

In 2020, after three years of growth, there was significant decline in supplies from abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, when their volume decreased by -X% to X tonnes. Over the period under review, imports faced a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, oleo oils imports fell remarkably to $X in 2020. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports remained at a lower figure.

Imports by Country

South Korea was the main importing country with an import of about X tonnes, which finished at X% of total imports. It was distantly followed by Hong Kong SAR (X tonnes), China (X tonnes) and Japan (X tonnes), together generating a X% share of total imports.

South Korea was also the fastest-growing in terms of the lard stearin, lard oil, oleostearin, oleo-oil and tallow oil imports, with a CAGR of -X% from 2007 to 2020. Hong Kong SAR (-X%), Japan (-X%) and China (-X%) illustrated a downward trend over the same period. South Korea (+X p.p.) significantly strengthened its position in terms of the total imports, while Japan and China saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) constitutes the largest market for imported lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

In South Korea, oleo oils imports declined by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: China (-X% per year) and Hong Kong SAR (-X% per year).

Import Prices by Country

In 2020, the oleo oils import price in Eastern Asia amounted to $X per tonne, reducing by -X% against the previous year. In general, the import price, however, recorded strong growth. The most prominent rate of growth was recorded in 2012 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; 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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Eastern Asia?
+
Taiwan (Chinese) (6.7K tonnes) constituted the country with the largest volume of oleo oils consumption, comprising approx. 99% of total volume.
What are the largest producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Eastern Asia?
+
Taiwan (Chinese) (6.7K tonnes) remains the largest oleo oils producing country in Eastern Asia, accounting for 89% of total volume. Moreover, oleo oils production in Taiwan (Chinese) exceeded the figures recorded by the second-largest producer, South Korea (807 tonnes), eightfold.
What are the leading exporters of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Eastern Asia?
+
In value terms, South Korea ($924K) remains the largest oleo oils supplier in Eastern Asia, comprising 85% of total exports. The second position in the ranking was occupied by China ($80K), with a 7.3% share of total exports.
What are the leading importers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Eastern Asia?
+
In value terms, South Korea ($311K) constitutes the largest market for imported lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Eastern Asia, comprising 59% of total imports. The second position in the ranking was occupied by China ($88K), with a 17% share of total imports. It was followed by Hong Kong SAR, with a 13% share.
What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Eastern Asia?
+
The oleo oils export price in Eastern Asia stood at $1,042 per tonne in 2020, flattening at the previous year.
What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Eastern Asia?
+
In 2020, the oleo oils import price in Eastern Asia amounted to $1,919 per tonne, dropping by -8% against the previous year.

Product coverage:
• Prodcom 10411100 - Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared)

This report provides an in-depth analysis of the oleo oils market 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:
• Democratic People's Republic of Korea
• Macao SAR
• 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
• Hong Kong SAR
• 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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