Bran, sharps and residues from cereal or legume processing market in ASEAN

Earlier Report Observations

The physical volume of the bran and residues market in ASEAN declined from 22 012 thousand tons in 2018 to 19 731 thousand tons in 2023. After a gradual contraction through 2022, the market saw a slight rebound in 2023.

In value terms, the market demonstrated strong growth, rising from $4 620 million in 2018 to $5 671 million in 2023. This increase in market value occurred alongside the reduction in physical volume, indicating a significant rise in average unit prices over the period.

Production bran, sharps and residues from cereal or legume processing in ASEAN

In kind, 2017-2020, K t

Top producers of bran, sharps and residues from cereal or legume processing, 2017-2020

World map of production of bran, sharps and residues from cereal or legume processing, 2017-2020

Production of bran, sharps, and residues from cereal or legume processing in ASEAN has declined for the second year in a row. In 2020, ASEAN produced 20 689 thousand tons of these products, marking a 2.6% decrease compared to the previous year. Looking at the period from 2017 to 2020, overall production fell by 3.9%, which translates to an average annual decline of 1.3%. The highest production level was recorded in 2018 at 21 541 thousand tons, with the largest increase that year being a modest 0.1%.

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

In value, 2017-2020, M $ US

The value of bran, sharps, and residues from cereal or legume processing production in ASEAN has also dropped for the second consecutive year. In 2020, the output was valued at 4 228 million US dollars, reflecting a 2.8% year-over-year loss. However, over the broader 2017-2020 timeframe, production value actually increased by 18%, with a compound annual growth rate of 5.7%. The peak value occurred in 2018 at 4 503 million US dollars, which saw the largest increase of 25.7%, while the most significant decline was in 2019 at 3.4%.

Annual dynamics of production in ASEAN in value, 2017-2020, M $ US

Exports bran, sharps and residues from cereal or legume processing from ASEAN

Exports in kind, K t

After two years of decline, ASEAN's exports of bran, sharps, and residues from cereal or legume processing rebounded in 2020. The region exported 1 128 thousand tons that year, showing a sharp 43.6% improvement from 2019. From 2017 to 2020, exports grew by 36.8%, averaging an 11.0% annualized rate. The lowest export volume was in 2019 at 786 thousand tons, with the largest drop recorded in 2018 at 4.6%.

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

Between 2017 and 2020, ASEAN's exports of bran, sharps, and residues from cereal or legume processing were widely distributed across partner countries. The top three destinations—China with 36.5% of exports, South Korea with 7.4%, and Saudi Arabia with 4.8%—collectively accounted for only 48.7% of total flows, indicating a diverse export market.

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

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

Exports in value, M $ US

In 2020, ASEAN's exports of bran, sharps, and residues from cereal or legume processing reached 230.5 million US dollars, a 43.2% increase from the previous year. Over the 2017-2020 period, export value surged by 67.9%, with an annualized growth rate of 18.8%. The most notable decline occurred in 2019 at 2.1%.

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

From 2017 to 2020, China, South Korea, and Japan remained the primary destinations for ASEAN's exports of bran, sharps, and residues from cereal or legume processing in value terms. China accounted for 40.0% of exports, South Korea for 6.5%, and Japan for 4.5%, together making up 51.0% of total export value.

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

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

Imports bran, sharps and residues from cereal or legume processing to ASEAN

Imports in kind, K t

ASEAN imported 1 276 thousand tons of bran, sharps, and residues from cereal or legume processing in 2020, representing a strong 17.4% rise from 2019. Over the 2017-2020 span, imports increased by 67.3%, averaging an 18.7% annualized rate. The largest decline was in 2019 at 13.6%, while the biggest jump occurred in 2018 with a 65.0% increase.

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

During 2017-2020, ASEAN's import structure for bran, sharps, and residues from cereal or legume processing was balanced rather than concentrated. The top three suppliers—the United States with 15.0% of imports, Sri Lanka with 6.9%, and Japan with 6.5%—jointly represented 28.5% of total flows, with many other countries accounting for the remaining 71.5%.

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

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

Imports in value, M $ US

ASEAN's imports of bran, sharps, and residues from cereal or legume processing have increased for the third year in a row. In 2020, imports were recorded at 311.3 million US dollars, up 7.4% year-over-year. From 2017 to 2020, import value grew by 38.6%, with an annualized rate of 11.5%.

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

The market base for ASEAN's imports in value terms from 2017 to 2020 was broad. The leading suppliers—the United States with 16.5% of imports, Japan with 9.3%, and Argentina with 6.5%—together accounted for just 32.3% of total flows, while numerous other countries shared the remaining 67.7%.

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

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