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Southern Asia - Vegetable Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Southern Asia: Vegetable Oils Market Overview 2021

Vegetable Oils Market Size in Southern Asia

The South Asian vegetable oils market rose modestly to $X in 2019, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.

Vegetable Oils Production in Southern Asia

In value terms, vegetable oils production amounted to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2011; however, from 2012 to 2019, production remained at a lower figure.

Production By Country in Southern Asia

India (X tonnes) constituted the country with the largest volume of vegetable oils production, comprising approx. X% of total volume. Moreover, vegetable oils production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tonnes), twofold. The third position in this ranking was occupied by Bangladesh (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in India stood at +X%. In the other countries, the average annual rates were as follows: Pakistan (-X% per year) and Bangladesh (-X% per year).

Vegetable Oils Exports

Exports in Southern Asia

In 2019, overseas shipments of vegetable fats and oils increased by X% to X tonnes, rising for the second consecutive year after six years of decline. In general, exports, however, saw a mild contraction. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2012 to 2019, the growth exports failed to regain the momentum.

In value terms, vegetable oils exports rose remarkably to $X in 2019. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports remained at a lower figure.

Exports by Country

India (X tonnes) and Pakistan (X tonnes) were the main exporters of vegetable fats and oils in 2019, recording approx. X% and X% of total exports, respectively. It was distantly followed by Sri Lanka (X tonnes), mixing up a X% share of total exports.

From 2007 to 2019, the biggest increases were in Sri Lanka, while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, India ($X) remains the largest vegetable oils supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value in India stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (-X% per year) and Sri Lanka (+X% per year).

Export Prices by Country

The vegetable oils export price in Southern Asia stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the export prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the export price figures.

Vegetable Oils Imports

Imports in Southern Asia

In 2019, imports of vegetable fats and oils in Southern Asia skyrocketed to X tonnes, picking up by X% compared with the year before. Overall, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, vegetable oils imports declined modestly to $X in 2019. In general, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Afghanistan (X tonnes) represented the main importer of vegetable fats and oils, making up X% of total imports. India (X tonnes) took the second position in the ranking, followed by Pakistan (X tonnes), Bangladesh (X tonnes) and Sri Lanka (X tonnes). All these countries together held near X% share of total imports. Bhutan (X tonnes) followed a long way behind the leaders.

Imports into Afghanistan decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Bangladesh (+X%), Sri Lanka (+X%), Bhutan (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2007-2019. By contrast, India (-X%) illustrated a downward trend over the same period. Bangladesh (+X p.p.), Pakistan (+X p.p.) and Sri Lanka (+X p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X), India ($X) and Pakistan ($X) were the countries with the highest levels of imports in 2019, together comprising X% of total imports. These countries were followed by Bangladesh, Sri Lanka and Bhutan, which together accounted for a further X the main importing countries, Bhutan recorded the highest rates of growth with regard to 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

The vegetable oils import price in Southern Asia stood at $X per tonne in 2019, waning by -X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bhutan ($X per tonne), while Afghanistan ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetable fats and oils in Southern Asia?
+
The country with the largest volume of vegetable oils consumption was India (633K tonnes), accounting for 52% of total volume. Moreover, vegetable oils consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan (245K tonnes), threefold. Bangladesh (228K tonnes) ranked third in terms of total consumption with a 19% share.
What are the largest producers of vegetable fats and oils in Southern Asia?
+
The country with the largest volume of vegetable oils production was India (664K tonnes), accounting for 54% of total volume. Moreover, vegetable oils production in India exceeded the figures recorded by the second-largest producer, Pakistan (279K tonnes), twofold. Bangladesh (218K tonnes) ranked third in terms of total production with a 18% share.
What are the leading exporters of vegetable fats and oils in Southern Asia?
+
In value terms, India ($89M) remains the largest vegetable oils supplier in Southern Asia, comprising 64% of total exports. The second position in the ranking was occupied by Pakistan ($36M), with a 26% share of total exports.
What are the leading importers of vegetable fats and oils in Southern Asia?
+
In value terms, Afghanistan ($36M), India ($23M) and Pakistan ($17M) appeared to be the countries with the highest levels of imports in 2019, with a combined 78% share of total imports. These countries were followed by Bangladesh, Sri Lanka and Bhutan, which together accounted for a further 22%.
What is the average export price for vegetable fats and oils in Southern Asia?
+
In 2019, the vegetable oils export price in Southern Asia amounted to $1,176 per tonne, dropping by -4.2% against the previous year.
What is the average import price for vegetable fats and oils in Southern Asia?
+
The vegetable oils import price in Southern Asia stood at $922 per tonne in 2019, waning by -19.4% against the previous year.

Product coverage:
• Prodcom 10416050 - Vegetable fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the vegetable 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 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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