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Southern Asia - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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Southern Asia: Virgin Olive Oil Market Overview 2021

Virgin Olive Oil Market Size in Southern Asia

The South Asian virgin olive oil market expanded markedly to $X in 2020, surging by X% against the previous year. In general, consumption saw a resilient increase. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. The level of consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Virgin Olive Oil Production in Southern Asia

In value terms, virgin olive oil production contracted modestly to $X in 2020 estimated in export prices. Over the period under review, production posted resilient growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2020, production stood at a somewhat lower figure.

Production By Country in Southern Asia

Afghanistan (X tonnes) constituted the country with the largest volume of virgin olive oil production, comprising approx. X% of total volume.

In Afghanistan, virgin olive oil production expanded at an average annual rate of +X% over the period from 2007-2020.

Virgin Olive Oil Exports

Exports in Southern Asia

In 2020, virgin olive oil exports in Southern Asia reduced to X tonnes, which is down by -X% on the year before. Overall, exports recorded a abrupt decrease. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, virgin olive oil exports fell markedly to $X in 2020. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. The level of export peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

India was the key exporter of virgin olive oil in Southern Asia, with the volume of exports amounting to X tonnes, which was approx. X% of total exports in 2020. It was distantly followed by Nepal (X tonnes), committing a X% share of total exports.

From 2007 to 2020, the biggest increases were in Nepal.

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

In India, virgin olive oil exports shrank by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

In 2020, the virgin olive oil export price in Southern Asia amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X% y-o-y. The level of export peaked at $X per tonne in 2019, and then fell sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was India ($X per tonne), while Nepal amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India.

Virgin Olive Oil Imports

Imports in Southern Asia

Virgin olive oil imports stood at X tonnes in 2020, growing by X% against 2019. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. The volume of import peaked in 2020 and is expected to retain growth in the immediate term.

In value terms, virgin olive oil imports expanded rapidly to $X in 2020. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, India (X tonnes) was the major importer of virgin olive oil, comprising X% of total imports. Pakistan (X tonnes) held the second position in the ranking, distantly followed by Bangladesh (X tonnes) and Maldives (X tonnes). All these countries together held approx. X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to virgin olive oil imports into India stood at +X%. At the same time, Maldives (+X%), Bangladesh (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Maldives and Bangladesh increased by +X% and +X% percentage points, while India (-X p.p.) and Pakistan (-X p.p.) saw their share reduced.

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

From 2007 to 2020, the average annual rate of growth in terms of value 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).

Import Prices by Country

The virgin olive oil import price in Southern Asia stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the import price recorded a mild shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by X% year-to-year. Over the period under review, import prices reached the peak figure at $X per tonne in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Bangladesh ($X per tonne) and Pakistan ($X per tonne), while Maldives ($X per tonne) and India ($X per tonne) were 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 a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for virgin olive oil in Southern Asia?
+
The country with the largest volume of virgin olive oil consumption was India (2K tonnes), comprising approx. 48% of total volume. Moreover, virgin olive oil consumption in India exceeded the figures recorded by the second-largest consumer, Afghanistan (829 tonnes), twofold. The third position in this ranking was occupied by Pakistan (733 tonnes), with a 18% share.
What are the largest producers of virgin olive oil in Southern Asia?
+
Afghanistan (809 tonnes) remains the largest virgin olive oil producing country in Southern Asia, comprising approx. 100% of total volume.
What are the leading exporters of virgin olive oil in Southern Asia?
+
In value terms, India ($32K) remains the largest virgin olive oil supplier in Southern Asia, comprising 83% of total exports. The second position in the ranking was occupied by Nepal ($4.9K), with a 13% share of total exports.
What are the leading importers of virgin olive oil in Southern Asia?
+
In value terms, India ($7.5M) constitutes the largest market for imported virgin olive oil in Southern Asia, comprising 59% of total imports. The second position in the ranking was occupied by Pakistan ($2.8M), with a 22% share of total imports. It was followed by Bangladesh, with a 8.9% share.
What is the average export price for virgin olive oil in Southern Asia?
+
In 2020, the virgin olive oil export price in Southern Asia amounted to $2,829 per tonne, which is down by -51.8% against the previous year.
What is the average import price for virgin olive oil in Southern Asia?
+
The virgin olive oil import price in Southern Asia stood at $3,804 per tonne in 2020, reducing by -7.9% against the previous year.

Product coverage:
• FCL 261 - Oil of Olives, Virgin

This report provides an in-depth analysis of the virgin olive 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:

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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