Maize bran, sharps and residues market in India

Earlier Report Observations

After a period of relative stability, production of maize bran, sharps and residues in India declined from 1 013 thousand tons in 2018 to 689 thousand tons in 2020. This drop was driven by global maize price volatility and supply chain disruptions, with the COVID-19 pandemic in 2020 further dampening demand and logistics across the processing sector.

Output stabilized around 690 thousand tons in 2021-2022. Government initiatives such as Minimum Support Price (MSP) adjustments supported maize cultivation and raw material supply for processors. In November 2021, Chinese food-processing company Fufeng Group announced plans for a USD 700 million corn wet milling plant in India, while the 'One District, One Factory' policy encouraged the development of additional processing facilities.

Production rebounded to 928 thousand tons in 2023, with the industry supported by ongoing capacity expansion and consistent downstream demand from pharmaceuticals, food processing and other sectors. Major players like Anil Limited operated large wet-milling facilities, and consumer preference for convenient powder forms of starch derivatives provided market stability.

Production maize bran, sharps and residues in India

In kind, 2017-2020, K t

From 2017 to 2020, India ranked fifth globally in the production volume of maize bran, sharps, and residues.

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

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

India's production of maize bran, sharps, and residues declined for the second consecutive year. In 2020, output reached 689 K t, marking a sharp 29.6% decrease compared to 2019. Over the period from 2017 to 2020, production fell by 27.9%, which translates to an annualized decline of 10.3%. The highest production level was recorded in 2018 at 1 013 K t, with the largest increase of 5.9% also occurring that year.

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

In value, 2017-2020, M $ US

India's production value of maize bran, sharps, and residues dropped for the third year in a row. In 2020, the output was valued at 100.0 M $ US, representing a 34.6% decline from 2019. Between 2017 and 2020, production value decreased by 47%, equivalent to an annualized rate of 19.1%.

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

Exports maize bran, sharps and residues from India

Exports in kind, t

Market performance showed noticeable fluctuations during this period. Exports reached their lowest point in 2019 at 1 776 t and peaked in 2020 at 10 534 t, resulting in a 5.9-fold increase. In 2020, India exported 10 534 t of maize bran, sharps, and residues, a dramatic 493.2% rise from 2019. The largest decline of 80.3% was recorded in 2019.

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

Between 2017 and 2020, Nepal and Bangladesh were the dominant destinations for India's exports of maize bran, sharps, and residues in volume terms, jointly accounting for 87.0% of total flows. The remaining volume was distributed among smaller markets.

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

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

Exports in value, K $ US

Market behavior was characterized by volatility during these years. Export values hit a low in 2019 at 278 K $ US and a high in 2018 at 1 579 K $ US, varying by 5.7 times. In 2020, India exported 1 527 K $ US of maize bran, sharps, and residues, a sharp 450.4% improvement compared to 2019. The largest decline of 82.4% occurred in 2019.

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

Throughout 2017–2020, Nepal and Bangladesh concentrated 80.1% of India's total export value for maize bran, sharps, and residues. The remaining share was distributed among other destinations, each with smaller individual contributions.

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

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

Imports maize bran, sharps and residues to India

Imports in kind, t

The market exhibited an unstable trend over this timeframe. Imports reached their lowest point in 2017 and peaked in 2019 at 12 227 t, showing a 46-fold amplitude. In 2020, India imported approximately 4 494 t of maize bran, sharps, and residues, down by 63.2% from 2019. The largest increase of 902.0% was recorded in 2019.

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

From 2017 to 2020, China and Nepal remained the main sources for India's imports of maize bran, sharps, and residues in volume terms, jointly accounting for 88.7% of total flows. Other partners made up the remaining share.

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

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

Imports in value, K $ US

The market showed signs of volatility over the observed period. Import values varied 7.7 times, with a low in 2017 and a high in 2019 at 2 725 K $ US. In 2020, India imported 1 459 K $ US of maize bran, sharps, and residues, marking an abrupt 46.5% drop from the previous year. The largest increase of 228.8% was recorded in 2019.

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

Over 2017–2020, China (45.9% of imports in value terms), the United States (29.1%), and Nepal (19.3%) were the primary suppliers of maize bran, sharps, and residues to India, jointly accounting for 94.3% of total import value.

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

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