Eastern Asia - Cream - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEastern Asia: Cream Market 2021
Cream Market Size in Eastern Asia
The East Asian cream market totaled $X in 2020, growing by X% against the previous year. In general, consumption posted a resilient expansion. The pace of growth was the most pronounced in 2015 when the market value increased by X% year-to-year. The level of consumption peaked in 2020 and is likely to continue growth in the immediate term.
Cream Production in Eastern Asia
In value terms, cream production rose notably to $X in 2020 estimated in export prices. Overall, production enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, production reached the maximum level in 2020 and is expected to retain growth in the immediate term.
Production By Country in Eastern Asia
China (X tons) remains the largest cream producing country in Eastern Asia, comprising approx. X% of total volume. Moreover, cream production in China exceeded the figures recorded by the second-largest producer, South Korea (X tons), tenfold. The third position in this ranking was occupied by Democratic People's Republic of Korea (X tons), with a X% share.
From 2007 to 2020, the average annual growth rate of volume in China amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: South Korea (+X% per year) and Democratic People's Republic of Korea (+X% per year).
Cream Exports
Exports in Eastern Asia
For the eighth year in a row, Eastern Asia recorded growth in overseas shipments of cream, which increased by X% to X tons in 2020. In general, exports recorded buoyant growth. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. The volume of export peaked in 2020 and is likely to see gradual growth in the immediate term.
In value terms, cream exports surged to $X in 2020. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. The level of export peaked in 2020 and is likely to see gradual growth in years to come.
Exports by Country
In 2020, Hong Kong SAR (X tons) was the largest exporter of cream in Eastern Asia, creating X% of total export.
Hong Kong SAR was also the fastest-growing in terms of the cream exports, with a CAGR of +X% from 2007 to 2020. While the share of Hong Kong SAR (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Hong Kong SAR ($X) also remains the largest cream supplier in Eastern Asia.
In Hong Kong SAR, cream exports expanded at an average annual rate of +X% over the period from 2007-2020.
Export Prices by Country
In 2020, the cream export price in Eastern Asia amounted to $X per ton, surging by X% against the previous year. Overall, the export price saw a strong increase. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. The level of export peaked in 2020 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2007 to 2020, the rate of growth in terms of prices for Hong Kong SAR amounted to +X% per year.
Cream Imports
Imports in Eastern Asia
Cream imports surged to X tons in 2020, growing by X% against 2019. In general, imports saw a remarkable increase. The growth pace was the most rapid in 2009 when imports increased by X% against the previous year. The volume of import peaked in 2020 and is likely to continue growth in the near future.
In value terms, cream imports soared to $X in 2020. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure in 2020 and are likely to see steady growth in the near future.
Imports by Country
China represented the largest importer of cream in Eastern Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2020. It was distantly followed by Taiwan (Chinese) (X tons), comprising a X% share of total imports. The following importers - South Korea (X tons), Hong Kong SAR (X tons) and Macao SAR (X tons) - together made up X% of total imports.
China was also the fastest-growing in terms of the cream imports, with a CAGR of +X% from 2007 to 2020. At the same time, Taiwan (Chinese) (+X%), South Korea (+X%) and Macao SAR (+X%) displayed positive paces of growth. By contrast, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Macao SAR (-X p.p.), Taiwan (Chinese) (-X p.p.), South Korea (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics.
In value terms, China ($X) constitutes the largest market for imported cream in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.
From 2007 to 2020, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+X% per year) and South Korea (+X% per year).
Import Prices by Country
The cream import price in Eastern Asia stood at $X per ton in 2020, surging by X% against the previous year. Import price indicated a remarkable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, cream import price increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. The level of import peaked in 2020 and is likely to see steady growth in the immediate term.
Prices varied noticeably by the country of destination; the country with the highest price was Macao SAR ($X per ton), while China ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Macao SAR, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the cream market in Eastern 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.
Product coverage:
- Prodcom 10511210 - Milk and cream of a fat content by weight of > 6 % but . .21 %, n ot concentrated nor containing added sugar or other sweetening matter, in immediate packings of . 2 l
- Prodcom 10511220 - Milk and cream of a fat content by weight of > 6 % but . .21 %, n ot concentrated nor containing added sugar or other sweetening matter, in immediate packings of > 2 l
- Prodcom 10511230 - Milk and cream of a fat content by weight of > .21 %, not concentrated nor containing added sugar or other sweetening matter, in immediate packings of . 2 l
- Prodcom 10511240 - Milk and cream of a fat content by weight of > .21 %, not concentrated nor containing added sugar or other sweetening matter, in immediate packings of > 2 l
Country coverage:
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Eastern Asia, split by region and country
- Trade (exports and imports) in Eastern 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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