Eastern Asia - Lentils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEastern Asia: Lentil Market 2024
Lentil Market Size in Eastern Asia
The East Asian lentil market expanded modestly to $X in 2023, surging by X% against the previous year. Overall, consumption, however, enjoyed a perceptible increase. The level of consumption peaked at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.
Lentil Production in Eastern Asia
In value terms, lentil production rose markedly to $X in 2023 estimated in export price. The total production indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.
China (X tons) remains the largest lentil producing country in Eastern Asia, accounting for X% of total volume.
From 2012 to 2023, the average annual growth rate of volume in China amounted to X%.
The average lentil yield declined modestly to X tons per ha in 2023, approximately mirroring the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. Over the period under review, the lentil yield reached the peak level at X tons per ha in 2022, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2023, the harvested area of lentils in Eastern Asia fell modestly to X ha, leveling off at the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2023, the harvested area failed to regain momentum.
Lentil Exports
Exports in Eastern Asia
In 2023, lentil exports in Eastern Asia fell remarkably to X tons, shrinking by X% compared with 2022 figures. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.
In value terms, lentil exports dropped to $X in 2023. In general, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2023, the exports failed to regain momentum.
Exports by Country
China (X tons) represented roughly X% of total exports in 2023.
China was also the fastest-growing in terms of the lentils exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) also remains the largest lentil supplier in Eastern Asia.
From 2012 to 2023, the average annual growth rate of value in China stood at X%.
Export Prices by Country
In 2023, the export price in Eastern Asia amounted to $X per ton, growing by X% against the previous year. Export price indicated a buoyant expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, lentil export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of X%. The level of export peaked in 2023 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2023, the rate of growth in terms of prices for China amounted to X% per year.
Lentil Imports
Imports in Eastern Asia
In 2023, imports of lentils in Eastern Asia contracted to X tons, with a decrease of X% on the previous year. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2022, and then shrank in the following year.
In value terms, lentil imports dropped to $X in 2023. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2022, and then declined in the following year.
Imports by Country
China represented the largest importer of lentils in Eastern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2023. It was distantly followed by South Korea (X tons), mixing up an X% share of total imports. Japan (X tons) held a little share of total imports.
China was also the fastest-growing in terms of the lentils imports, with a CAGR of X% from 2012 to 2023. At the same time, South Korea (X%) and Japan (X%) displayed positive paces of growth. China (X p.p.) significantly strengthened its position in terms of the total imports, while South Korea and Japan saw its share reduced by X% and X% from 2012 to 2023, respectively.
In value terms, China ($X) constitutes the largest market for imported lentils in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).
Import Prices by Country
In 2023, the import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2022 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the lentil 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:
- FCL 201 - Lentils, dry
Country coverage:
- China
- Democratic People's Republic of Korea
- Hong Kong SAR
- Japan
- Macao SAR
- South Korea
- Taiwan (Chinese)
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
- COUNTRIES WITH TOP YIELDS
- 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
- HARVESTED AREA AND YIELD 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
- Harvested Area, By Country, 2012-2023
- Yield, 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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, 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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