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Southern Asia - Refined Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
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Southern Asia: Refined Palm Oil Market Overview 2021

Refined Palm Oil Market Size in Southern Asia

In 2020, the South Asian refined palm oil market was finally on the rise to reach $X after two years of decline. The market 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 2011 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2020 and is expected to retain growth in years to come.

Refined Palm Oil Production in Southern Asia

In value terms, refined palm oil production stood at $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 in certain years. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. The level of production peaked in 2020 and is expected to retain growth in years to come.

Production By Country in Southern Asia

The country with the largest volume of refined palm oil production was India (X tonnes), accounting for X% of total volume. Moreover, refined palm oil production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tonnes), more than tenfold. Nepal (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 India stood at +X%. In the other countries, the average annual rates were as follows: Bangladesh (-X% per year) and Nepal (+X% per year).

Refined Palm Oil Exports

Exports in Southern Asia

Refined palm oil exports soared to X tonnes in 2020, increasing by X% against the previous year. Overall, exports saw a significant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, refined palm oil exports skyrocketed to $X in 2020. Over the period under review, exports recorded a significant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Nepal prevails in refined palm oil exports structure, accounting for X tonnes, which was near X% of total exports in 2020. Bangladesh (X tonnes) and India (X tonnes) followed a long way behind the leaders.

Nepal was also the fastest-growing in terms of the refined palm oil exports, with a CAGR of +X% from 2007 to 2020. At the same time, India (+X%) displayed positive paces of growth. By contrast, Bangladesh (-X%) illustrated a downward trend over the same period. Nepal (+X p.p.) significantly strengthened its position in terms of the total exports, while India and Bangladesh saw its share reduced by -X% and -X% from 2007 to 2020, respectively.

In value terms, Nepal ($X) emerged as the largest refined palm oil supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in Nepal totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bangladesh (+X% per year) and India (+X% per year).

Export Prices by Country

In 2020, the refined palm oil export price in Southern Asia amounted to $X per tonne, rising by X% against the previous year. Export price indicated tangible growth from 2007 to 2020: its price 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, refined palm oil export price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2012 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2013 to 2020, the growth in terms of the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Nepal ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bangladesh, while the other leaders experienced mixed trends in the export price figures.

Refined Palm Oil Imports

Imports in Southern Asia

In 2020, purchases abroad of refined palm oil decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Overall, imports, however, saw strong growth. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. From 2016 to 2020, the growth imports failed to regain the momentum.

In value terms, refined palm oil imports skyrocketed to $X in 2020. Over the period under review, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

Pakistan represented the largest importer of refined palm oil in Southern Asia, with the volume of imports reaching X tonnes, which was approx. X% of total imports in 2020. Bangladesh (X tonnes) ranks second in terms of the total imports with a X% share, followed by India (X%). Sri Lanka (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bangladesh, while imports for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X) constitutes the largest market for imported refined palm oil in Southern Asia, comprising X% of total imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of total imports. It was followed by India, with a X% share.

In Pakistan, refined palm oil imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Bangladesh (+X% per year) and India (+X% per year).

Import Prices by Country

The refined palm oil import price in Southern Asia stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in India ($X per tonne) and Sri Lanka ($X per tonne), while Bangladesh ($X per tonne) and Pakistan ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined palm oil in Southern Asia?
+
The countries with the highest volumes of refined palm oil consumption in 2020 were India (5.2M tonnes), Pakistan (2.9M tonnes) and Bangladesh (2M tonnes), with a combined 92% share of total consumption.
What are the largest producers of refined palm oil in Southern Asia?
+
India (5M tonnes) constituted the country with the largest volume of refined palm oil production, comprising approx. 80% of total volume. Moreover, refined palm oil production in India exceeded the figures recorded by the second-largest producer, Bangladesh (475K tonnes), more than tenfold. Nepal (370K tonnes) ranked third in terms of total production with a 5.9% share.
What are the leading exporters of refined palm oil in Southern Asia?
+
In value terms, Nepal ($47M) emerged as the largest refined palm oil supplier in Southern Asia, comprising 94% of total exports. The second position in the ranking was occupied by Bangladesh ($1.6M), with a 3.2% share of total exports.
What are the leading importers of refined palm oil in Southern Asia?
+
In value terms, Pakistan ($2B) constitutes the largest market for imported refined palm oil in Southern Asia, comprising 63% of total imports. The second position in the ranking was occupied by Bangladesh ($923M), with a 29% share of total imports. It was followed by India, with a 5.8% share.
What is the average export price for refined palm oil in Southern Asia?
+
In 2020, the refined palm oil export price in Southern Asia amounted to $1,019 per tonne, jumping by 18% against the previous year.
What is the average import price for refined palm oil in Southern Asia?
+
The refined palm oil import price in Southern Asia stood at $663 per tonne in 2020, rising by 17% against the previous year.

Product coverage:
• Prodcom 10415700 - Refined palm oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined palm oil 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 2025.


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
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

• Afghanistan
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
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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