Flour or powder of dried legumes market in South-eastern Asia

Earlier Report Observations

The market for flour and powder of dried legumes in South-eastern Asia showed volatility from 2018 to 2020, with volume dropping to 51 687 t in 2019 before recovering to 55 537 t in 2020, near the 2018 level of 55 736 t.

A sharp expansion occurred in 2021 as market size jumped to 75 183 t. This surge was driven by growing consumer interest in plant-based and flexitarian diets, which increased demand for legume products as protein alternatives, alongside the emergence of new plant-based product segments. Volume eased to 70 357 t in 2022, though underlying demand remained supported by economic factors that led consumers to seek economical and healthy plant-based options.

Market volume contracted significantly in 2023 to 53 950 t. For 2024, government initiatives in Thailand to promote innovative and traceable future foods, together with sustained consumer demand for sustainable and healthy plant-based products, are influencing the market landscape.

Production flour or powder of dried legumes in South-eastern Asia

In kind, 2017-2020, t

Top producers of flour or powder of dried legumes, 2017-2020

World map of production of flour or powder of dried legumes, 2017-2020

After two consecutive years of decline, South-eastern Asia's production of flour or powder of dried legumes rebounded. In 2020, the region produced 55 856 tonnes, marking a moderate increase of 8.9% compared to the previous year. However, looking at the broader period from 2017 to 2020, overall production decreased by 25.1%, with a compound annual growth rate of -9.2%. The lowest production level was recorded in 2019 at 51 272 tonnes, while the sharpest decline occurred in 2018 with a drop of 24.9%.

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

Exports flour or powder of dried legumes from South-eastern Asia

Exports in kind, t

The export market for flour or powder of dried legumes in South-eastern Asia exhibited significant volatility during the observed period. Exports reached their lowest point in 2019 at 402 tonnes, which was 4.7 times lower than the peak in 2017. In 2020, cross-border shipments surged to 1 532 tonnes, representing a dramatic increase of 281.4% compared to the previous year. The largest decline was recorded in 2019 at 71.6%.

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

From 2017 to 2020, China, Hong Kong, and the United States were the top destinations for exports in kind from South-eastern Asia. China accounted for 26.4% of exports, Hong Kong for 14.9%, and the United States for 11.8%. Together, these three markets comprised 53.1% of total export flows.

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, K $ US

The export market in value terms also showed volatile behavior during these years. Exports hit their lowest point in 2019 at 1 321 thousand US dollars, which was 3.1 times lower than the peak recorded in 2020. In 2020, South-eastern Asia exported 4 091 thousand US dollars worth of flour or powder of dried legumes, reflecting a substantial year-on-year rise of 209.8%. The largest decline occurred in 2019 at 54.0%.

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

The market base for exports in value terms from 2017 to 2020 was relatively broad. China led with 19.4% of exports, followed by the United States at 17.0% and Hong Kong at 12.4%. Together, these three countries accounted for 48.8% of total export value, while the remaining 51.2% was distributed among numerous other nations.

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 flour or powder of dried legumes to South-eastern Asia

Imports in kind, t

In 2020, South-eastern Asia imported 1 213 tonnes of flour or powder of dried legumes, indicating a steep rise of 48.4% compared to 2019. Over the period from 2017 to 2020, imports increased by 49.4%, with a compound annual growth rate of 14.3%. The largest decline was recorded in 2019 at 27.1%.

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

From 2017 to 2020, India, China, and Norway consistently held leading positions in the import structure in kind for South-eastern Asia. India accounted for 32.6% of imports, China for 12.3%, and Norway for 8.4%. Collectively, these three suppliers made up 53.3% of total import flows.

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, K $ US

In 2020, the import value of flour or powder of dried legumes in South-eastern Asia totaled 1 602 thousand US dollars, corresponding to a steep gain of 34.7% compared to 2019. Over the period from 2017 to 2020, imports increased by 29.9%, with a compound annual growth rate of 9.1%. The lowest value was recorded in 2019 at 1 189 thousand US dollars, while the largest decline occurred in the same year at 24.9%.

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

From 2017 to 2020, India, Norway, and China formed the largest group of suppliers in value terms for imports into South-eastern Asia. India contributed 27.1% of import value, Norway 10.5%, and China 8.2%. However, their combined share was limited to 45.9% of total imports, reflecting a diversified country structure with many other nations involved.

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