Oilseeds and vegetable oils in asia: a world of diversity

Out of the two dozen countries that constitute what is generally called “Asia”, some are the largest in the world while others are islands with smaller populations. When looking at oilseeds and vegetable oils in the region, one is faced with the same huge diversity which makes it complex to analyze, all the more that statistics are not easily available for many countries. Aside from the large differences in size, the region covers a wide spectrum of diversified climate environments. Asia is also mainly characterized by its huge population which has become largely urban, a key factor leading to the impressive growth of vegetable oil demand in the past 30 years. At an verage of 23.2 kg/year, Asian per capita consumption of oils and fats still remains slightly below the world average of 28.3 kg/capita/year. Therefore, although 53% of the world population is located in Asia, only 45% of world oils and fats is consumed in the region. As detailed in the paper, the world of Asian oilseeds and vegetable oils is highly concentrated on soybeans and palm oil. In spite of a large domestic production in China (12.3 MnT), soybeans are imported in huge quantities, mostly by China (78 MnT, 84% of the region’s imports) where more than 28% of world soybeans production is being crushed. Palm oil, the second large commodity consumed in the region, is mainly produced within the region, mostly in Indonesia and Malaysia. So where is the “world of diversity”? Hidden behind those two dominant commodities, practically all of the ten oilseeds constituting the core of the world production are grown in significant quantities in the region while, for vegetable oils, all those of significant importance are produced within the region with the exception of olive oil. The main question that should be kept in mind when reviewing this large regional demand is under what condition will future vegetable oil production be able to meet the expected rise of per capita oils and fats demand within the region, particularly from the three largest populated countries that are China, India and Indonesia.