Southern Asia: Market for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters 2025

Market Size for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in Southern Asia

In 2021, after six years of growth, there was significant decline in the South Asian market for oleic, linoleic or linolenic acids, their salts and esters, when its value decreased by -5.9% to $X. The total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% 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 +65.5% against 2014 indices. Over the period under review, the market hit record highs at $X in 2020, and then reduced in the following year.

Production of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in Southern Asia

In value terms, oleic, linoleic or linolenic acids production dropped slightly to $X in 2021 estimated in export price. The total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +69.8% against 2014 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 22% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then declined slightly in the following year.

Exports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Exports in Southern Asia

In 2021, shipments abroad of oleic, linoleic or linolenic acids, their salts and esters increased by 25% to X tons, rising for the second consecutive year after two years of decline. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 123% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, oleic, linoleic or linolenic acids exports surged to $X in 2021. Over the period under review, exports, however, saw a slight downturn. The pace of growth was the most pronounced in 2013 with an increase of 100%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, India (X tons) represented the largest exporter of oleic, linoleic or linolenic acids, their salts and esters in Southern Asia, achieving 100% of total export.

India experienced a relatively flat trend pattern with regard to volume of exports of oleic, linoleic or linolenic acids, their salts and esters. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest oleic, linoleic or linolenic acids supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India was relatively modest.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, rising by 17% against the previous year. In general, the export price, however, recorded a mild setback. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -1.6% per year.

Imports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Imports in Southern Asia

In 2021, approx. X tons of oleic, linoleic or linolenic acids, their salts and esters were imported in Southern Asia; growing by 2.7% on the previous year. Over the period under review, imports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2019 with an increase of 8.3% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, oleic, linoleic or linolenic acids imports rose significantly to $X in 2021. In general, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 17% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India represented the major importer of oleic, linoleic or linolenic acids, their salts and esters in Southern Asia, with the volume of imports resulting at X tons, which was approx. 71% of total imports in 2021. It was distantly followed by Pakistan (X tons), making up a 22% share of total imports. Bangladesh (X tons) and Nepal (X tons) followed a long way behind the leaders.

Imports into India decreased at an average annual rate of -10.0% from 2012 to 2021. At the same time, Bangladesh (+10.8%), Nepal (+4.3%) and Pakistan (+2.2%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +10.8% from 2012-2021. From 2012 to 2021, the share of Pakistan and Bangladesh increased by +13 and +3.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported oleic, linoleic or linolenic acids, their salts and esters in Southern Asia, comprising 78% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 16% share of total imports. It was followed by Bangladesh, with a 4.1% share.

In India, oleic, linoleic or linolenic acids imports decreased by an average annual rate of -7.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Pakistan (+1.9% per year) and Bangladesh (+13.4% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, growing by 10% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 when the import price increased by 21%. The level of import peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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