Report Southern Asia - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 22, 2023

Southern Asia - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Chemically Modified Oils Market 2023

Chemically Modified Oils Market Size in Southern Asia

In 2021, the South Asian chemically modified oils market decreased by -2.9% to $X, falling for the second year in a row after six years of growth. The total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.1% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Chemically Modified Oils Production in Southern Asia

In value terms, chemically modified oils production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 27% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2021.

Chemically Modified Oils Exports

Exports in Southern Asia

In 2021, the amount of animal or vegetable fats and oils chemically modified exported in Southern Asia reduced to X tons, which is down by -7.2% against 2020. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 51% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, chemically modified oils exports expanded sharply to $X in 2021. Overall, exports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2017 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan was the key exporter of animal or vegetable fats and oils chemically modified in Southern Asia, with the volume of exports finishing at X tons, which was near 70% of total exports in 2021. It was distantly followed by India (X tons), constituting a 29% share of total exports.

Exports from Pakistan decreased at an average annual rate of -9.7% from 2012 to 2021. At the same time, India (+4.8%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +4.8% from 2012-2021. While the share of India (+20 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Pakistan (-19.8 p.p.) displayed negative dynamics.

In value terms, the largest chemically modified oils supplying countries in Southern Asia were Pakistan ($X) and India ($X).

India, with a CAGR of +1.6%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, rising by 19% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while Pakistan amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+1.8%).

Chemically Modified Oils Imports

Imports in Southern Asia

In 2021, chemically modified oils imports in Southern Asia shrank significantly to X tons, declining by -20.5% compared with the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 69% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, chemically modified oils imports fell dramatically to $X in 2021. In general, imports, however, posted a modest increase. The growth pace was the most rapid in 2017 with an increase of 51% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Afghanistan prevails in imports structure, reaching X tons, which was near 91% of total imports in 2021. It was distantly followed by Sri Lanka (X tons), comprising a 5.7% share of total imports. India (X tons) held a relatively small share of total imports.

Afghanistan experienced a relatively flat trend pattern with regard to volume of imports of animal or vegetable fats and oils chemically modified. At the same time, Sri Lanka (+4.5%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +4.5% from 2012-2021. By contrast, India (-3.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Sri Lanka increased by +1.8 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) constitutes the largest market for imported animal or vegetable fats and oils chemically modified in Southern Asia, comprising 87% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a 7.8% share of total imports.

In Afghanistan, chemically modified oils imports increased at an average annual rate of +1.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sri Lanka (+7.6% per year) and India (-2.4% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, growing by 4.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2015 when the import price increased by 9.6% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+3.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for animal or vegetable fats and oils chemically modified in Southern Asia?
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India constituted the country with the largest volume of chemically modified oils consumption, comprising approx. 58% of total volume. Moreover, chemically modified oils consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan, twofold. The third position in this ranking was taken by Afghanistan, with a 14% share.
What are the largest producers of animal or vegetable fats and oils chemically modified in Southern Asia?
+
India remains the largest chemically modified oils producing country in Southern Asia, accounting for 67% of total volume. Moreover, chemically modified oils production in India exceeded the figures recorded by the second-largest producer, Pakistan, twofold.
What are the leading suppliers of animal or vegetable fats and oils chemically modified in Southern Asia?
+
In value terms, the largest chemically modified oils supplying countries in Southern Asia were Pakistan and India.
What are the leading importers of animal or vegetable fats and oils chemically modified in Southern Asia?
+
In value terms, Afghanistan constitutes the largest market for imported animal or vegetable fats and oils chemically modified in Southern Asia, comprising 87% of total imports. The second position in the ranking was held by Sri Lanka, with a 7.8% share of total imports.
What is the average export price for animal or vegetable fats and oils chemically modified in Southern Asia?
+
In 2021, the export price in Southern Asia amounted to $1,199 per ton, jumping by 19% against the previous year.
What is the average import price for animal or vegetable fats and oils chemically modified in Southern Asia?
+
The import price in Southern Asia stood at $869 per ton in 2021, increasing by 4.4% against the previous year.

This report provides an in-depth analysis of the chemically modified oils market in Southern 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 2030.


Product coverage:
• Prodcom 20592000 - Animal or vegetable fats and oils chemically modified
Country coverage:
• Afghanistan
• Bhutan
• Maldives
• Nepal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Southern Asia, split by region and country
• Trade (exports and imports) in Southern 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
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 2012–2022
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

• Afghanistan
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
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, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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