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South-Eastern Asia - Refined Soybean Oil And Its Fractions - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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South-Eastern Asia: Refined Soybean Oil Market Overview 2021

Refined Soybean Oil Market Size in South-Eastern Asia

The Southeast Asian refined soybean oil market amounted to $X in 2019, therefore, remained relatively stable against the previous year. Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2009 to 2019, the growth of the market remained at a lower figure.

Refined Soybean Oil Production in South-Eastern Asia

In value terms, refined soybean oil production reached $X in 2019 estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth failed to regain the momentum.

Production By Country in South-Eastern Asia

The countries with the highest volumes of refined soybean oil production in 2019 were Indonesia (X tonnes), Malaysia (X tonnes) and Thailand (X tonnes), with a combined X% share of total production.

From 2007 to 2019, the most notable rate of growth in terms of refined soybean oil production, amongst the key producing countries, was attained by Thailand, while refined soybean oil production for the other leaders experienced a decline in the production figures.

Refined Soybean Oil Exports

Exports in South-Eastern Asia

In 2019, overseas shipments of refined soybean oil and its fractions increased by X% to X tonnes, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, refined soybean oil exports rose modestly to $X in 2019. The total export value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

Malaysia was the major exporter of refined soybean oil and its fractions in South-Eastern Asia, with the volume of exports finishing at X tonnes, which was approx. X% of total exports in 2019. It was distantly followed by Thailand (X tonnes) and Viet Nam (X tonnes), together comprising a X% share of total exports. Singapore (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Thailand, while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Malaysia ($X), Thailand ($X) and Viet Nam ($X) appeared to be the countries with the highest levels of exports in 2019, with a combined X% share of total exports.

In terms of the main exporting countries, Thailand saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The refined soybean oil export price in South-Eastern Asia stood at $X per tonne in 2019, falling by -X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded 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 2019, the growth in terms of the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2019, major exporting countries recorded the following prices: in Singapore ($X per tonne) and Viet Nam ($X per tonne), while Thailand ($X per tonne) and Malaysia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

Refined Soybean Oil Imports

Imports in South-Eastern Asia

Refined soybean oil imports stood at X tonnes in 2019, rising by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2019 and are likely to continue growth in the immediate term.

In value terms, refined soybean oil imports rose notably to $X in 2019. Total imports indicated temperate growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. The level of import peaked at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Indonesia (X tonnes), distantly followed by the Philippines (X tonnes), Singapore (X tonnes), Viet Nam (X tonnes), Malaysia (X tonnes) and Cambodia (X tonnes) represented the key importers of refined soybean oil and its fractions, together constituting X% of total imports. Thailand (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia, while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), the Philippines ($X) and Singapore ($X) constituted the countries with the highest levels of imports in 2019, together accounting for X% of total imports. These countries were followed by Viet Nam, Cambodia, Malaysia and Thailand, which together accounted for a further X the main importing countries, Cambodia recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the refined soybean oil import price in South-Eastern Asia amounted to $X per tonne, falling by -X% against the previous year. Import price indicated a mild expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, refined soybean oil import price decreased by -X% against 2016 indices. The growth pace was the most rapid in 2008 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Cambodia ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Cambodia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined soybean oil and its fractions in South-Eastern Asia?
+
The country with the largest volume of refined soybean oil consumption was Indonesia (273K tonnes), comprising approx. 36% of total volume. Moreover, refined soybean oil consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Thailand (111K tonnes), twofold. Viet Nam (105K tonnes) ranked third in terms of total consumption with a 14% share.
What are the largest producers of refined soybean oil and its fractions in South-Eastern Asia?
+
The countries with the highest volumes of refined soybean oil production in 2019 were Indonesia (240K tonnes), Malaysia (183K tonnes) and Thailand (179K tonnes), together accounting for 71% of total production.
What are the leading suppliers of refined soybean oil and its fractions in South-Eastern Asia?
+
In value terms, Malaysia ($104M), Thailand ($63M) and Viet Nam ($9M) appeared to be the countries with the highest levels of exports in 2019, together comprising 97% of total exports.
What are the leading importers of refined soybean oil and its fractions in South-Eastern Asia?
+
In value terms, Indonesia ($33M), the Philippines ($20M) and Singapore ($13M) constituted the countries with the highest levels of imports in 2019, with a combined 69% share of total imports. Viet Nam, Cambodia, Malaysia and Thailand lagged somewhat behind, together comprising a further 28%.
What is the average export price for refined soybean oil and its fractions in South-Eastern Asia?
+
The refined soybean oil export price in South-Eastern Asia stood at $923 per tonne in 2019, declining by -7.3% against the previous year.
What is the average import price for refined soybean oil and its fractions in South-Eastern Asia?
+
In 2019, the refined soybean oil import price in South-Eastern Asia amounted to $997 per tonne, reducing by -3% 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 South-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:
• Brunei Darussalam
• Cambodia
• Lao People's Democratic Republic
• Timor-Leste

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

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Viet Nam
• Lao People's Democratic Republic
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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