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Report Southern Asia - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Southern Asia - Refined Olive Oil - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Refined Olive Oil Market 2025

Refined Olive Oil Market Size in Southern Asia

In 2022, the South Asian refined olive oil market increased by 61% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +4.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Refined Olive Oil Production in Southern Asia

In value terms, refined olive oil production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 9.7%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Refined Olive Oil Exports

Exports in Southern Asia

In 2022, overseas shipments of refined olive oil decreased by -0.1% to X tons, falling for the third consecutive year after two years of growth. Overall, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2019 with an increase of 258% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, refined olive oil exports rose markedly to $X in 2022. In general, exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2019 with an increase of 191%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, India (X tons) represented the largest exporter of refined olive oil, mixing up 87% of total exports. It was distantly followed by Pakistan (X tons), generating an 11% share of total exports. Bangladesh (X tons) followed a long way behind the leaders.

Exports from India decreased at an average annual rate of -30.0% from 2012 to 2022. At the same time, Bangladesh (+24.8%) and Pakistan (+16.8%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +24.8% from 2012-2022. While the share of Pakistan (+11 p.p.) and Bangladesh (+2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (-12.5 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest refined olive oil supplier in Southern Asia, comprising 88% of total exports. The second position in the ranking was taken by Pakistan ($X), with an 11% share of total exports.

In India, refined olive oil exports contracted by an average annual rate of -21.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (+21.8% per year) and Bangladesh (+11.6% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, increasing by 8% against the previous year. Overall, the export price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2015 an increase of 107%. Over the period under review, the export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.6%), while the other leaders experienced mixed trends in the export price figures.

Refined Olive Oil Imports

Imports in Southern Asia

Refined olive oil imports skyrocketed to X tons in 2022, jumping by 2,520% on the year before. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, refined olive oil imports soared to $X in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of refined olive oil imports in 2022 were India (X tons), together reaching 98% of total import.

India was also the fastest-growing in terms of the refined olive oil imports, with a CAGR of +44.9% from 2012 to 2022. While the share of India (+21 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported refined olive oil in Southern Asia.

In India, refined olive oil imports increased at an average annual rate of +28.2% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, shrinking by -77.9% against the previous year. In general, the import price faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 26% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -11.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

India remains the largest refined olive oil consuming country in Southern Asia, accounting for 51% of total volume. Moreover, refined olive oil consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan, twofold. Bangladesh ranked third in terms of total consumption with an 18% share.
India remains the largest refined olive oil producing country in Southern Asia, accounting for 51% of total volume. Moreover, refined olive oil production in India exceeded the figures recorded by the second-largest producer, Pakistan, twofold. Bangladesh ranked third in terms of total production with an 18% share.
In value terms, India remains the largest refined olive oil supplier in Southern Asia, comprising 77% of total exports. The second position in the ranking was occupied by Pakistan, with a 14% share of total exports. It was followed by Sri Lanka, with a 7.8% share.
In value terms, India constitutes the largest market for imported refined olive oil in Southern Asia, comprising 71% of total imports. The second position in the ranking was occupied by Pakistan, with a 23% share of total imports.
The export price in Southern Asia stood at $4,206 per ton in 2021, picking up by 7.3% against the previous year.
The import price in Southern Asia stood at $4,138 per ton in 2021, jumping by 25% against the previous year.

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

Product coverage:

  • Prodcom 10415310 - Refined olive oil and its fractions (excluding chemically modified)

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. 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 2012–2024
    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 2012–2024
    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
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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