Market research

Forage products market in Asia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Afghanistan

Bangladesh

Bhutan

Sri Lanka

India

Iran

Maldives

Nepal

Pakistan

Brunei Darussalam

Myanmar

Cambodia

Indonesia

Laos

Malaysia

the Philippines

Timor-Leste

Singapore

Vietnam

Thailand

Kazakhstan

Kyrgyzstan

Tajikistan

Turkmenistan

Uzbekistan

Azerbaijan

Armenia

Bahrain

Cyprus

Georgia

Palestine

Iraq

Israel

Jordan

Kuwait

Lebanon

Oman

Qatar

Saudi Arabia

Syria

Turkey

the United Arab Emirates

Yemen

Earlier Report Observations

The forage products market in Asia opened the period at 15 108 thousand tonnes in 2018, followed by a dramatic reduction to 6 189 thousand tonnes in 2019.

Market volume then stabilized, moving between 5 800 and 6 700 thousand tonnes. It recovered to 6 692 thousand tonnes in 2022 before declining to 5 844 thousand tonnes in 2023.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Asia
  1. 5.1.1. Annual dynamics of production in Asia in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production forage products in Asia

In kind, 2017-2020, t

Top producers of forage products, 2017-2020

Source: SHEV.io

World map of production of forage products, 2017-2020

Source: SHEV.io

Forage products production in Asia increased for the second consecutive year. In 2020, 26 898 tonnes of forage products were produced in Asia, up by 0.6% compared to 2019. Over the period from 2017 to 2020, production decreased by 54.3%, with a compound annual growth rate (CAGR) of 23.0%. The minimum value was recorded in 2018 at 24 022 tonnes. The largest decline occurred in 2018, falling by 59.2%, while the largest increase was in 2019, rising by 11.3%.

Annual dynamics of production in Asia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(59.2%)	11.3%	0.6%	(23.0%)

Source: SHEV.io

Exports forage products from Asia

Exports in kind, K t

The market exhibited an unstable trend throughout the timeframe. Export volumes reached their lowest point in 2017 and peaked in 2019, with a 3.7-fold difference between these years. In 2020, foreign forage products supplies from Asia amounted to 32 000 tonnes, which is 38.4% smaller compared to 2019. The maximum value was recorded in 2019 at 51 000 tonnes. The largest increase occurred in 2019, rising by 175.9%.

Annual dynamics of product's exports from Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	32.9%	175.9%	(38.4%)	31.2%

Source: SHEV.io

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Asia in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

There were noticeable fluctuations in market performance during the period. Export volumes varied 3.7 times from the high in 2017 to the low in 2018. Asia exported 13 000 000 US dollars of forage products in 2020, marking an abrupt decline of 35.8% compared to 2019. The minimum value was recorded in 2018 at 9 000 000 US dollars. The largest decline occurred in 2018, falling by 72.7%, while the largest increase was in 2019, rising by 120.0%.

Annual dynamics of product's exports from Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(72.7%)	120.0%	(35.8%)	(27.2%)

Source: SHEV.io

Over the period from 2017 to 2020, Greece and Asia, not elsewhere specified, made the largest contribution to exports in value terms, together representing 2.0% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Asia in value, 2017-2020

Source: SHEV.io

Imports forage products to Asia

Imports in kind, K t

Volatility characterized the market behavior during these years. Import volumes showed a peak-to-trough amplitude of 2.5 times from 2018 to 2020. In 2020, the volume of forage products imports into Asia stood at 5 932 000 tonnes, showing a modest decrease of 4.5% compared to 2019. The maximum value was recorded in 2018 at 15 103 000 tonnes. The largest decline occurred in 2019, falling by 58.9%, while the largest increase was in 2018, rising by 146.5%.

Annual dynamics of product's imports to Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	146.5%	(58.9%)	(4.5%)	(1.1%)

Source: SHEV.io

In the period from 2017 to 2020, the United States and Australia played the leading roles in imports in kind, with a combined share of 81.3% of total flows, while the remaining share was dispersed among other countries.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Asia in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

After a two-year rise, the volume of forage products imports into Asia declined. In 2020, imports registered 2 123 000 000 US dollars, indicating a drop of 2.1% from a year earlier. Over the period from 2017 to 2020, imports increased by 8.6%, with a compound annual growth rate (CAGR) of 2.8%. The maximum value was recorded in 2019 at 2 169 000 000 US dollars. The largest increase occurred in 2019, rising by 8.3%.

Annual dynamics of product's imports to Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.5%	8.3%	(2.1%)	2.8%

Source: SHEV.io

In the period from 2017 to 2020, the United States and Australia dominated imports in value terms, accounting together for 84.6% of total flows, with other destinations having smaller individual contributions.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Asia in value, 2017-2020

Source: SHEV.io