Southern Asia: Market for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters 2024

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

In 2022, the South Asian market for oleic, linoleic or linolenic acids, their salts and esters decreased by X% to $X, falling for the second year in a row after six years of growth. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

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

In value terms, oleic, linoleic or linolenic acids production reached $X in 2022 estimated in export price. The total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports in Southern Asia

In 2022, overseas shipments of oleic, linoleic or linolenic acids, their salts and esters increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports posted a mild increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, oleic, linoleic or linolenic acids exports soared to $X in 2022. Over the period under review, exports enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X tons) represented roughly X% of total exports in 2022.

India was also the fastest-growing in terms of the oleic, linoleic or linolenic acids, their salts and esters exports, with a CAGR of X% from 2012 to 2022. 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 2022, the average annual rate of growth in terms of value in India totaled X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, 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 X% per year.

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

Imports in Southern Asia

In 2022, supplies from abroad of oleic, linoleic or linolenic acids, their salts and esters increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, imports, however, saw a noticeable downturn. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, oleic, linoleic or linolenic acids imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

India prevails in imports structure, resulting at X tons, which was approx. X% of total imports in 2022. The following importers - Bangladesh (X tons), Pakistan (X tons) and Nepal (X tons) - together made up X% of total imports.

Imports into India decreased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Nepal (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Pakistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bangladesh and India increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In India, oleic, linoleic or linolenic acids imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in India ($X per ton) and Nepal ($X per ton), while Bangladesh ($X per ton) and Pakistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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