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 rose slightly to $X in 2023, with an increase of X% against the previous year. Overall, consumption, however, enjoyed measured growth. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.
Lentil Production in Eastern Asia
In value terms, lentil production rose rapidly to $X in 2023 estimated in export price. The total production indicated a tangible expansion 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 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.
China (X tons) constituted the country with the largest volume of lentil production, comprising approx. X% of total volume.
From 2012 to 2023, the average annual rate of growth in terms of volume in China totaled X%.
The average lentil yield fell to X tons per ha in 2023, remaining relatively unchanged against 2022. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of X%. The level of yield peaked at X tons per ha in 2022, and then dropped modestly 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.
The lentil harvested area dropped modestly to X ha in 2023, almost unchanged from the previous year's figure. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. 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, the amount of lentils exported in Eastern Asia declined significantly to X tons, waning by X% compared with 2022. In general, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.
In value terms, lentil exports fell modestly to $X in 2023. Over the period under review, exports recorded a drastic downturn. The growth pace was the most rapid in 2022 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2023, the exports failed to regain momentum.
Exports by Country
In 2023, China (X tons) was the main exporter of lentils in Eastern Asia, mixing up X% of total export.
China was also the fastest-growing in terms of the lentils exports, with a CAGR of X% from 2012 to 2023. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) also remains the largest lentil supplier in Eastern Asia.
In China, lentil exports shrank by an average annual rate of X% over the period from 2012-2023.
Export Prices by Country
In 2023, the export price in Eastern Asia amounted to $X per ton, with an increase of 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 most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2023 and is expected to retain growth in the immediate term.
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
Lentil imports dropped to X tons in 2023, falling by X% against 2022 figures. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The volume of import peaked at X tons in 2022, and then contracted in the following year.
In value terms, lentil imports dropped to $X in 2023. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then contracted in the following year.
Imports by Country
In 2023, China (X tons) represented the key importer of lentils, generating X% of total imports. It was distantly followed by South Korea (X tons), generating an X% share of total imports. Japan (X tons) held a minor share of total imports.
China was also the fastest-growing in terms of the lentils imports, with a CAGR of X% from 2012 to 2023. At the same time, South Korea (X%) and Japan (X%) displayed positive paces of growth. From 2012 to 2023, the share of China increased by X percentage points.
In value terms, China ($X) constitutes the largest market for imported lentils in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports.
In China, lentil imports expanded at an average annual rate of X% over the period from 2012-2023. 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
The import price in Eastern Asia stood at $X per ton in 2023, rising by X% against the previous year. In general, the import price, however, recorded a slight contraction. The growth pace was the most rapid in 2022 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($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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