Bran, sharps and residues from cereal or legume processing market in South-eastern Asia

Earlier Report Observations

The market for bran, sharps and residues from cereal processing in South-eastern Asia experienced a gradual contraction in physical volume between 2018 and 2023. Overall consumption declined from 22.0 million tons to 19.7 million tons, with the lowest point reached in 2022 at 19.4 million tons. This represented a cumulative reduction of over 10% in volume across the five-year period.

In contrast to the volume trend, the market's value in US dollars expanded significantly after 2020. From $4 310 million in 2020, the market value climbed to $5 674 million by 2023. This growth in value occurred even as physical volumes remained below their 2018 levels, suggesting a substantial increase in unit prices or a shift toward more valuable product types within the sector.

Trade flows during this period showed notable changes. Imports generally trended downward from 1.3 million tons in 2018 to 866 000 tons in 2022 before a partial recovery, while exports more than doubled from 2020 to 2022, indicating that a growing share of regional production was being directed to international markets.

Production bran, sharps and residues from cereal or legume processing in South-eastern Asia

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 South-eastern Asia has declined for the second year in a row. In 2020, the region produced 20 697 thousand tons, marking a slight decrease of 2.6% compared to 2019. 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 21 549 thousand tons, with that year also seeing the largest increase of 0.1%.

Annual dynamics of production in South-eastern Asia 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 South-eastern Asia also dropped for the second consecutive year. In 2020, the output was valued at 4 229 million US dollars, reflecting a modest decrease of 2.8% from the previous year. However, over the broader span from 2017 to 2020, production value actually rose by 18%, averaging an annual growth rate of 5.7%. The peak value occurred in 2018 at 4 505 million US dollars, which saw the largest increase of 25.7%, while 2019 experienced the most significant decline of 3.4%.

Annual dynamics of production in South-eastern Asia in value, 2017-2020, M $ US

Exports bran, sharps and residues from cereal or legume processing from South-eastern Asia

Exports in kind, K t

After two years of decline, exports of bran, sharps, and residues from cereal or legume processing from South-eastern Asia rebounded in 2020. That year, exports totaled 1 128 thousand tons, showing a sharp increase of 43.6% compared to 2019. From 2017 to 2020, exports grew by 36.8%, with an average annual rate of 11.0%. The lowest export volume was recorded in 2019 at 786 thousand tons, following the largest decline of 4.6% in 2018.

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

The export structure in terms of volume from 2017 to 2020 was quite diversified. China accounted for 36.5% of exports, South Korea for 7.4%, and Saudi Arabia for 4.8%, together making up 48.7% of total flows. No single country held a clearly dominant position during this period.

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

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

Exports in value, M $ US

In value terms, South-eastern Asia exported 230.5 million US dollars worth of bran, sharps, and residues from cereal or legume processing in 2020, representing a significant gain of 43.2% over the prior year. Between 2017 and 2020, export value increased by 67.9%, averaging an annual growth rate of 18.8%. The largest decline occurred in 2019, with a drop of 2.1%.

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

From 2017 to 2020, China, South Korea, and Japan were the key players in the export value of bran, sharps, and residues from cereal or legume processing from South-eastern Asia. China contributed 40.0% of exports, South Korea 6.5%, and Japan 4.5%, collectively accounting for 51.0% of total flows.

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

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

Imports bran, sharps and residues from cereal or legume processing to South-eastern Asia

Imports in kind, K t

Imports of bran, sharps, and residues from cereal or legume processing into South-eastern Asia reached 1 276 thousand tons in 2020, indicating a strong uptick of 17.4% year-over-year. Over the 2017-2020 period, imports grew by 67.3%, with a compound annual growth rate of 18.7%. The largest decline was recorded in 2019 at 13.6%, while the most substantial increase occurred in 2018 with a jump of 65.0%.

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

An analysis of import volumes from 2017 to 2020 reveals a broad distribution across many markets. The United States accounted for 15.0% of imports, Sri Lanka for 6.9%, and Japan for 6.5%, together making up only 28.5% of total flows. The remaining 71.5% was spread among various other partners.

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

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

Imports in value, M $ US

Import values of bran, sharps, and residues from cereal or legume processing into South-eastern Asia increased for the third consecutive year in 2020. That year, imports registered 311.3 million US dollars, reflecting a moderate gain of 7.4% compared to 2019. Between 2017 and 2020, import value rose by 38.6%, equating to an annualized rate of 11.5%.

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

From 2017 to 2020, import values were characterized by a wide spread across markets. The United States held 16.5% of imports, Japan 9.3%, and Argentina 6.5%, together accounting for just 32.3% of total flows, with the rest distributed among numerous other countries.

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

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