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

Earlier Report Observations

The Australian market for bran, sharps and residues from cereal or legume processing contracted sharply in 2019, with volume falling by over 15% to 539 thousand tonnes. This decline was followed by a sustained recovery, with market size growing each year from 2020 onward.

Domestic production, after a dip in 2019-2020, entered a period of consistent growth, increasing by more than 100 thousand tonnes between 2020 and 2023. Concurrently, import volumes rose significantly from a low base, while exports exhibited considerable annual volatility.

By 2023, the market had not only recovered but exceeded its 2018 level, reaching 684 thousand tonnes and establishing a clear upward trajectory for the period.

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

In kind, 2018-2021, K t

Top producers of bran, sharps and residues from cereal or legume processing, 2018-2021

World map of production of bran, sharps and residues from cereal or legume processing, 2018-2021

Australia's production of bran, sharps, and residues from cereal or legume processing rebounded in 2021 after two consecutive years of decline. The country produced 687.0 K t that year, representing a 5.1% increase compared to 2020. Looking at the broader period from 2018 to 2021, production decreased by 2.6%, which translates to an average annual decline of 0.9%. The lowest production volume was recorded in 2020 at 653.8 K t, while the sharpest year-on-year drop occurred in 2019 with a 6.7% decrease.

Annual dynamics of production in Australia in kind, 2018-2021, K t

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

Exports in kind, K t

Australia's exports of bran, sharps, and residues from cereal or legume processing fell for the second year in a row in 2021. Exports totaled 87.7 K t that year, marking a significant 19.0% decline from 2020. However, over the four-year period from 2018 to 2021, exports actually increased by 21.3%, with a compound annual growth rate of 6.6%. The peak export volume was reached in 2019 at 120.4 K t, which also saw the largest annual increase of 66.4%.

Annual dynamics of product's exports from Australia in kind, 2018-2021, K t

From 2018 to 2021, Australia's exports of bran, sharps, and residues from cereal or legume processing were primarily directed to three key markets. New Zealand was the largest buyer, accounting for 59.8% of exports in kind, followed by Malaysia with 18.1% and South Korea with 10.0%. Together, these three countries represented 87.9% of Australia's total exports in this category.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Australia in kind, 2018-2021

Exports in value, K $ US

The export market for bran, sharps, and residues from cereal or legume processing exhibited considerable volatility between 2018 and 2021. Export values reached their lowest point in 2019 at 12 947 K $ US, then surged to a peak of 24 725 K $ US in 2020, representing a 1.9-fold increase. In 2021, exports amounted to 21 986 K $ US, down 11.1% from the previous year. The sharpest decline occurred in 2019 with a 28.1% drop, while the largest increase was recorded in 2020 with a 91.0% rise.

Annual dynamics of product's exports from Australia in value, 2018-2021, K $ US

In value terms, New Zealand dominated Australia's exports of bran, sharps, and residues from cereal or legume processing from 2018 to 2021, capturing 71.8% of the total export value. The remaining share was distributed among various other trading partners.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Australia in value, 2018-2021

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

Imports in kind, K t

Australia's imports of bran, sharps, and residues from cereal or legume processing showed irregular patterns between 2018 and 2021, reflecting a volatile market environment. Imports hit their lowest point in 2019 at 1.7 K t, then climbed to 6.4 K t in 2021, representing a 3.8-fold increase over that period. The 2021 figure marked a steep 121.1% year-on-year rise. The most substantial decline occurred in 2019 with a 54.2% drop.

Annual dynamics of product's imports to Australia in kind, 2018-2021, K t

From 2018 to 2021, Australia's imports of bran, sharps, and residues from cereal or legume processing were largely sourced from three countries. Germany was the leading supplier with 41.3% of imports in kind, followed by China at 20.7% and the United States at 17.8%. Collectively, these three nations accounted for 79.8% of Australia's total imports in this category.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Australia in kind, 2018-2021

Imports in value, K $ US

Import values for bran, sharps, and residues from cereal or legume processing showed noticeable fluctuations between 2018 and 2021. Values reached their lowest point in 2019 at 1 824 K $ US, then surged to a peak of 9 538 K $ US in 2021, representing a 5.2-fold increase. The 2021 figure marked a substantial 152.6% gain compared to the previous year. The sharpest decline occurred in 2019 with a 65.0% drop.

Annual dynamics of product's imports to Australia in value, 2018-2021, K $ US

In value terms, Germany, the United States, and Poland formed the main cluster of suppliers for Australia's imports of bran, sharps, and residues from cereal or legume processing from 2018 to 2021. Germany led with 40.5% of import value, followed by the United States at 19.5% and Poland at 16.3%. Together, these three countries accounted for 76.3% of total import value.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Australia in value, 2018-2021