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Report Eastern Asia - Sunflower Oilcake - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Eastern Asia - Sunflower Oilcake - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Sunflower Oilcake Market 2024

Sunflower Oilcake Market Size in Eastern Asia

The East Asian sunflower oilcake market reached $X in 2021, rising by 3.4% against the previous year. The total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +51.7% against 2016 indices. The level of consumption peaked in 2021 and is expected to retain growth in the immediate term.

Sunflower Oilcake Production in Eastern Asia

In value terms, sunflower oilcake production rose to $X in 2021 estimated in export price. The total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 33%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Sunflower Oilcake Exports

Exports in Eastern Asia

In 2021, the amount of sunflower oilcake exported in Eastern Asia contracted significantly to X tons, dropping by -65% against the previous year. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by 979%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, sunflower oilcake exports contracted remarkably to $X in 2021. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 1,069%. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, reaching X tons, which was near 97% of total exports in 2021. Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the sunflower oilcake exports, with a CAGR of +25.8% from 2012 to 2021. Japan (-7.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +35 percentage points.

In value terms, China ($X) remains the largest sunflower oilcake supplier in Eastern Asia, comprising 98% of total exports. The second position in the ranking was taken by Japan ($X), with a 2.1% share of total exports.

In China, sunflower oilcake exports expanded at an average annual rate of +29.1% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, growing by 21% against the previous year. Over the last nine years, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2013 an increase of 22% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Japan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+5.6%).

Sunflower Oilcake Imports

Imports in Eastern Asia

In 2021, approx. X tons of sunflower oilcake were imported in Eastern Asia; growing by 3.8% on 2020 figures. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2018 when imports increased by 2,927% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, sunflower oilcake imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 3,730%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of sunflower oilcake imports in 2021 were China (X tons), together finishing at 100% of total import.

China was also the fastest-growing in terms of the sunflower oilcake imports, with a CAGR of +225.8% from 2012 to 2021. While the share of China (+94 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sunflower oilcake in Eastern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +258.4%.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, increasing by 41% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +10.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest sunflower oilcake consuming country in Eastern Asia, comprising approx. 79% of total volume. Moreover, sunflower oilcake consumption in China exceeded the figures recorded by the second-largest consumer, Japan, sixfold. The third position in this ranking was occupied by South Korea, with a 4.2% share.
China remains the largest sunflower oilcake producing country in Eastern Asia, comprising approx. 77% of total volume. Moreover, sunflower oilcake production in China exceeded the figures recorded by the second-largest producer, Japan, fivefold. The third position in this ranking was occupied by South Korea, with a 4.6% share.
In value terms, China remains the largest sunflower oilcake supplier in Eastern Asia.
In value terms, China constitutes the largest market for imported sunflower oilcake in Eastern Asia.
The sunflower oilcake export price in Eastern Asia stood at $386 per ton in 2020, falling by -2.5% against the previous year.
In 2020, the sunflower oilcake import price in Eastern Asia amounted to $269 per ton, waning by -3.4% against the previous year.

This report provides an in-depth analysis of the sunflower oilcake 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 2030.

Product coverage:

  • Prodcom 10414150 - Oilcake and other solid residues resulting from the extraction of sunflower seed fats or oils

Country coverage:

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:

  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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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