Southern Asia: Market for Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified 2024

Market Size for Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified in Southern Asia

The South Asian market for sunflower-seed or safflower oil, refined, but not chemically modified reduced modestly to $X in 2022, remaining constant against the previous year. The total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified in Southern Asia

In value terms, production of sunflower-seed or safflower oil, refined, but not chemically modified declined modestly to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

Exports in Southern Asia

In 2022, exports of sunflower-seed or safflower oil, refined, but not chemically modified in Southern Asia skyrocketed to X tons, picking up by X% against the previous year. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of sunflower-seed or safflower oil, refined, but not chemically modified soared to $X in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Nepal (X tons) and India (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Nepal (with a CAGR of X%).

In value terms, the largest sunflower-seed or safflower oil, refined, but not chemically modified supplying countries in Southern Asia were Nepal ($X) and India ($X).

Among the main exporting countries, Nepal, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Nepal amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (X%).

Imports of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

Imports in Southern Asia

Imports of sunflower-seed or safflower oil, refined, but not chemically modified skyrocketed to X tons in 2022, picking up by X% on 2021. Overall, imports showed resilient growth. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of sunflower-seed or safflower oil, refined, but not chemically modified declined to $X in 2022. Over the period under review, imports saw resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Afghanistan (X tons) was the main importer of sunflower-seed or safflower oil, refined, but not chemically modified, creating X% of total imports. India (X tons) held the second position in the ranking, followed by Bangladesh (X tons). All these countries together held near X% share of total imports. Sri Lanka (X tons), Maldives (X tons) and Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sunflower-seed or safflower oil, refined, but not chemically modified imports into Afghanistan stood at X%. At the same time, India (X%), Maldives (X%), Bangladesh (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Nepal experienced a relatively flat trend pattern. From 2012 to 2022, the share of India and Bangladesh increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) constitutes the largest market for imported sunflower-seed or safflower oil, refined, but not chemically modified in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with an X% share of total imports. It was followed by Bangladesh, with an X% share.

In Afghanistan, imports of sunflower-seed or safflower oil, refined, but not chemically modified expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Bangladesh (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price saw a slight descent. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Maldives (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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