Maize bran, sharps and residues market in Southern Asia

Earlier Report Observations

Between 2018 and 2019, the market for maize bran, sharps and residues in Southern Asia was shaped by state-backed agricultural research and subsidies aimed at improving maize cultivation. The entry of new private processors and the commissioning of modern milling facilities increased value addition, while a reduction of the GST rate to 5% for these products enhanced market access. Against this backdrop of sector development, the market volume saw a slight contraction from 1 184 thousand tonnes to 1 152 thousand tonnes, indicating a period of stabilization.

The COVID-19 pandemic in 2020 caused severe supply chain disruptions, leading to a sharp decline in market volume to 886 thousand tonnes. State-owned enterprises increased investments in processing to stabilize supplies. A recovery began in 2021, with volume rising to 921 thousand tonnes, supported by the launch of large-scale processing plants and the entry of new players focused on pelletized feed production, alongside continued government initiatives promoting sustainable residue use.

In 2022, market volume experienced a minor decrease to 901 thousand tonnes, coinciding with ongoing global supply chain disruptions and commodity price volatility. During this period, the expansion of state-owned research and processing infrastructure continued, and policy shifts encouraged the export of maize residues to regional markets. By 2023, the market rebounded strongly to 1 140 thousand tonnes, returning to pre-pandemic levels and underscoring the sector's resilience.

Production maize bran, sharps and residues in Southern Asia

In kind, 2017-2020, K t

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

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

Southern Asia's production of maize bran, sharps, and residues declined for the second year in a row. In 2020, the region produced 883 thousand tonnes, marking a significant 23.2% year-on-year decrease. Production peaked in 2018 at 1,182 thousand tonnes, which was a 6.8% increase from the previous year. Overall, between 2017 and 2020, production fell by 20.3%, averaging an annual decline of 7.3%.

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

Exports maize bran, sharps and residues from Southern Asia

Exports in kind, t

Southern Asia's exports of maize bran, sharps, and residues grew for the third consecutive year. In 2020, exports reached 1,870 tonnes, up 29.1% from the previous year. The period from 2017 to 2020 saw exports surge by 538,127.4%, with an annualized growth rate of 1,652.5%.

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

From 2017 to 2020, Kuwait, Oman, and the United Arab Emirates were the top contributors to exports in kind. Kuwait accounted for 46.6% of exports, Oman for 9.3%, and the UAE for 4.5%. Together, these three countries made up 60.5% of total export flows.

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 export market in value terms showed an unstable trend over the period. Exports hit their lowest point in 2017 and peaked in 2019, with a 4,021-fold difference between these years. In 2020, Southern Asia exported maize bran, sharps, and residues worth 151 thousand US dollars, a steep 51.0% drop from the previous year. The highest value was recorded in 2019 at 308 thousand US dollars, following a massive 9,654.0% increase in 2018.

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

Between 2017 and 2020, exports in value terms from Southern Asia were not heavily concentrated among a few key destinations. Kuwait led with 23.4% of exports, followed by Oman at 8.4% and the United Arab Emirates at 3.8%. Combined, these three countries accounted for 35.7% 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 maize bran, sharps and residues to Southern Asia

Imports in kind, t

Import volumes showed noticeable fluctuations during the period. Imports reached their lowest point in 2018 at 1,955 tonnes and peaked in 2017, with a 7.2-fold gap between these years. In 2020, Southern Asia imported 5,082 tonnes of maize bran, sharps, and residues, a sharp 29.5% increase from 2019. The largest decline occurred in 2018, falling 86.2%, while the biggest increase was in 2019, rising 100.7%.

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

From 2017 to 2020, China, the United States, and the United Arab Emirates remained the main suppliers of maize bran, sharps, and residues to Southern Asia in kind. China dominated with 63.0% of imports, the US contributed 10.7%, and the UAE 4.0%. Together, these three countries formed 77.7% of total import volumes.

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 import market in value terms exhibited volatility over the observed period. Imports hit a trough in 2018 at 1,422 thousand US dollars and peaked in 2017, with a 4.7-fold difference. In 2020, imports amounted to 1,989 thousand US dollars, a significant 22.1% gain compared to 2019. The largest decline was in 2018, dropping 78.8%.

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

Over 2017 to 2020, China, the United States, and the United Arab Emirates made the biggest contributions to imports in value terms. China accounted for 59.1% of imports, the US for 13.3%, and the UAE for 10.9%. Collectively, these three countries represented 83.4% of total import value.

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

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