Legume bran, sharps and residues market in Southern Asia

Earlier Report Observations

The market for legume bran, sharps and residues in Southern Asia expanded significantly from 2018 to 2023, with its volume rising from 39 701 t to 88 720 t. This growth was not linear, featuring a major leap forward in 2019 and a new peak reached in the final year of the period.

Underpinning this market expansion was a strong increase in domestic production, which more than doubled from 40 345 t to 71 166 t over the six years. Furthermore, imports played a progressively larger role, remaining minimal until 2021 before surging to 19 669 t in 2023, which added substantially to total supply.

As a result, the market size demonstrated robust growth, increasing by over 49 000 t across the period despite some minor annual fluctuations after the initial surge.

Production legume bran, sharps and residues in Southern Asia

In kind, 2017-2020, t

Top producers of legume bran, sharps and residues, 2017-2020

World map of production of legume bran, sharps and residues, 2017-2020

After two consecutive years of growth, production of legume bran, sharps and residues in Southern Asia experienced a decline. In 2020, the region produced 63 470 tons, representing a slight decrease of 2.4% compared to 2019. Over the four-year period from 2017 to 2020, production grew by 58.6%, with an average annual growth rate of 16.6%. The highest production volume was recorded in 2019 at 65 009 tons, which also saw the largest annual increase of 61.1%.

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

In value, 2017-2020, K $ US

In 2020, the output of legume bran, sharps and residues in Southern Asia was valued at 27 529 thousand US dollars, marking a measured year-over-year decline of 4.9%. Between 2017 and 2020, the value of production increased by 16.7%, translating to an annualized growth rate of 5.3%. The lowest value was recorded in 2018 at 23 435 thousand US dollars, while the peak occurred in 2019 at 28 938 thousand US dollars. The largest annual increase in value was 23.5%, also observed in 2019.

Annual dynamics of production in Southern Asia in value, 2017-2020, K $ US

Exports legume bran, sharps and residues from Southern Asia

Exports in kind, t

The market exhibited volatility throughout the observed period. Export volumes reached their lowest point in 2018 and peaked in 2020, with the peak volume being 3.1 times higher than the trough. In 2020, Southern Asia exported 2 895 tons of legume bran, sharps and residues, reflecting a modest year-over-year increase of 1.5%. The minimum export volume was recorded in 2018 at 929 tons. The largest annual decline occurred in 2018 at 55.3%, while the most significant increase was in 2019 at 207.1%.

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

From 2017 to 2020, Indonesia, China, and Malaysia remained the leading buyers of legume bran, sharps and residues from Southern Asia in terms of volume. Indonesia accounted for 8.9% of exports, China for 1.7%, and Malaysia for 0.6%. Together, these three countries represented 11.2% of total exports in kind.

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

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

Exports in value, K $ US

The market demonstrated volatility during the period under review. Export values bottomed out in 2018 and reached their highest point in 2019, with the peak value being 2.4 times greater than the trough. In 2020, the value of exported legume bran, sharps and residues from Southern Asia amounted to 1 256 thousand US dollars, showing a slight decline of 1.1% compared to the previous year. The minimum value was recorded in 2018 at 540 thousand US dollars, while the maximum was in 2019 at 1 270 thousand US dollars. The largest annual decrease occurred in 2018 at 55.9%, and the most substantial increase was in 2019 at 135.3%.

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

Between 2017 and 2020, Indonesia, China, and Malaysia continued to be the primary buyers of legume bran, sharps and residues from Southern Asia in value terms. Indonesia represented 11.1% of exports, China 2.3%, and Malaysia 0.6%. Collectively, these three countries accounted for 13.9% of total export value.

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

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

Imports legume bran, sharps and residues to Southern Asia

Imports in kind, t

Market performance showed noticeable fluctuations during this period. Import volumes varied significantly, with the maximum in 2017 being 1 039 times higher than the minimum in 2019. In 2020, Southern Asia imported 68 tons of legume bran, sharps and residues, representing a dramatic increase of 687.3% compared to the previous year. The lowest import volume was recorded in 2019 at 9 tons. The largest annual decline occurred in 2019 at 97.0%.

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

From 2017 to 2020, the United Arab Emirates, Australia, and Singapore were the main suppliers of legume bran, sharps and residues to Southern Asia in terms of volume. The United Arab Emirates accounted for 32.5% of imports, Australia for 21.0%, and Singapore for 9.1%. Together, these three countries comprised 62.6% of total imports in kind.

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

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

Imports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Import values exhibited a wide range, with the peak in 2017 being 670 times higher than the trough in 2019. In 2020, Southern Asia imported legume bran, sharps and residues valued at 40 thousand US dollars, corresponding to a dramatic advance of 749.7% compared to the previous year. The minimum value was recorded in 2019 at 5 thousand US dollars. The largest annual decline occurred in 2019 at 97.3%.

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

Throughout the period from 2017 to 2020, the United Arab Emirates, Australia, and Mozambique formed the core of imports in value terms for Southern Asia. The United Arab Emirates represented 32.3% of imports, Australia 15.4%, and Mozambique 13.5%. Collectively, these three countries accounted for 61.3% of total import flows.

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

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