Oats market in Asia

Earlier Report Observations

The Asian oats market volume showed a clear growth trajectory from 2018 to 2023, despite a temporary setback. The market contracted by nearly 10% in 2019 to 1.5 million tons but then entered a period of consistent expansion, reaching over 1.8 million tons by 2023. This recovery and subsequent growth were primarily fueled by a sharp and sustained increase in import volumes.

Domestic oat production in the region fluctuated between 1.1 and 1.2 million tons annually without a definitive upward trend. In contrast, imports surged from 390,000 tons in 2019 to 670,000 tons in 2023, effectively driving the market's expansion. The growing reliance on imported supply became a defining feature of the Asian oats market in the latter part of the period.

By 2023, the total market volume was 11% larger than its 2018 level. The steady rise in imports, which more than doubled from their 2019 low, compensated for the relative stability in local production, underscoring the region's increasing integration into global oat trade to meet demand.

Production oats in Asia

In kind, 2017-2020, K t

Top producers of oats, 2017-2020

World map of production of oats, 2017-2020

In 2020, Asia produced 1 145 K t of oats, marking a slight increase of 1.5% compared to the previous year. Over the period from 2017 to 2020, production grew by 3.3%, which translates to an annualized rate of 1.1%. The highest production level was recorded in 2018 at 1 176 K t, with the largest annual increase of 6.1% occurring that same year. In contrast, 2019 saw the most significant decline, with production dropping by 4.1%.

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

Exports oats from Asia

Exports in kind, K t

The data shows irregular changes, reflecting a volatile market environment. Exports reached their lowest point in 2018 at 8.3 K t and peaked in 2019 at 40.8 K t, representing a 4.9-fold difference between these years. In 2020, oats exports from Asia stood at 10.3 K t, which is 74.7% lower than the previous year. The largest increase was recorded in 2019, with exports surging by 392.5%.

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

From 2017 to 2020, Norway, Russia, and Ukraine were the leading destinations for exports in kind, accounting for 20.4%, 10.3%, and 2.4% of total exports, respectively. Together, these three countries represented 33.0% of all export flows during this period.

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

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

Exports in value, M $ US

The data reveals irregular changes, indicating a volatile market environment. The lowest value was recorded in 2017, while the highest occurred in 2019, with a peak-to-trough ratio of 5.8 times. In 2020, foreign oats supplies from Asia totaled 12.8 M $ US, showing a controlled reduction of 7.5% compared to 2019. The maximum value was recorded in 2019 at 13.8 M $ US, and the largest increase was in 2018, with a rise of 182.6%.

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

Over the 2017–2020 period, Norway, Russia, and Ukraine stood out as the main markets for exports in value terms, contributing 7.7%, 3.0%, and 0.9% of total exports, respectively. Combined, these three countries accounted for 11.6% of all export flows.

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

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

Imports oats to Asia

Imports in kind, K t

After a two-year decline, the volume of oats imports in Asia increased. In 2020, imports amounted to 447.3 K t, marking a strong rise of 14.7% from the previous year. Over the period from 2017 to 2020, imports decreased by 26%, with a compound annual growth rate (CAGR) of -9.5%. The minimum value was recorded in 2019 at 390.0 K t, and the largest decline occurred in 2018, with a drop of 23.0%.

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

From 2017 to 2020, Australia and Canada together captured 85.9% of total imports in kind, while the remaining flows were distributed thinly across other markets.

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

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

Imports in value, M $ US

Asia's oats imports increased for the second consecutive year. In 2020, Asia imported a total of oats valued at the previous year's level in M $ US, showing a robust rise of 11.2% over the past year. Over the period from 2017 to 2020, imports decreased by 4.4%, with a compound annual growth rate (CAGR) of -1.5%. The minimum value was recorded in 2018 at 129.5 M $ US, and the largest decline occurred that same year, with a drop of 17.9%.

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

From 2017 to 2020, Australia and Canada remained the main markets for imports in value terms, jointly accounting for 81.9% of total flows, while other partners made up the remaining share.

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

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