Wheat bran, sharps and residues market in South-eastern Asia

Earlier Report Observations

The physical market for wheat bran residues in South-eastern Asia grew from 4 496 thousand tons in 2018 to a peak of 5 134 thousand tons in 2021, before declining to 4 323 thousand tons in 2022. A partial recovery followed in 2023, with volume reaching 4 549 thousand tons. Regional production followed a similar pattern, indicating that domestic output was a primary driver of market size.

In value terms, the market expanded from $826 million USD to $1 226 million USD between 2018 and 2023, reflecting significant price increases. Trade dynamics evolved, with exports rising until 2022 then falling, while imports dropped in 2022 before rebounding. By 2023, Indonesia had established itself as a major regional exporter, directing flows to China, Japan, and other Asian markets and contributing to market integration.

Production wheat bran, sharps and residues in South-eastern Asia

In kind, 2017-2020, K t

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

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

South-eastern Asia's production of wheat bran, sharps, and residues has grown for the second year in a row. In 2020, the region produced 4 900 K t, marking an 11.8% increase from the previous year. The lowest production volume was recorded in 2018 at 4 174 K t, which also saw the largest decline of 13.9%.

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

In value, 2017-2020, M $ US

South-eastern Asia's production value of wheat bran, sharps, and residues has risen for the second consecutive year. In 2020, output was valued at 956.8 M $ US, reflecting a strong 17.5% increase from 2019. From 2017 to 2020, production grew by 23.6%, averaging an annualized rate of 7.3%. The lowest value was in 2018 at 762.9 M $ US, which experienced the largest decline of 1.4%.

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

Exports wheat bran, sharps and residues from South-eastern Asia

Exports in kind, K t

Following a two-year decline, South-eastern Asia's exports of wheat bran, sharps, and residues rebounded in 2020. Exports reached 718.9 K t, surging 38.5% compared to 2019. Over the 2017-2020 period, exports increased by 26.3%, with a compound annual growth rate (CAGR) of 8.1%. The lowest export volume was in 2019 at 519.1 K t, which saw the largest decline of 8.5%.

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

From 2017 to 2020, the top buyers of wheat bran, sharps, and residues from South-eastern Asia were China (19.6% of exports in kind), South Korea (11.2%), and Saudi Arabia (7.3%). Together, they accounted for 38.2% of total exports, indicating a diversified market structure with no single country dominating.

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 2020, South-eastern Asia's exports of wheat bran, sharps, and residues in value terms reached 140.4 M $ US, showing a dramatic 45.7% increase from 2019. Over the 2017-2020 period, exports grew by 54.4%, with a CAGR of 15.6%. The largest decline occurred in 2019, dropping by 7.0%.

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

Between 2017 and 2020, the value of wheat bran, sharps, and residues exports from South-eastern Asia was not heavily concentrated. China (22.2% of exports in value terms), South Korea (10.3%), and Saudi Arabia (6.2%) combined for only 38.7% of total flows, highlighting a broad distribution across multiple markets.

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 wheat bran, sharps and residues to South-eastern Asia

Imports in kind, K t

In 2020, South-eastern Asia's imports of wheat bran, sharps, and residues stood at 839.7 K t, rising 9.5% from the previous year. Over the 2017-2020 period, imports increased by 41.9%, with a CAGR of 12.4%. The highest import volume was in 2018 at 888.5 K t, which also saw the largest increase of 50.2%. The largest decline occurred in 2019, falling by 13.7%.

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

From 2017 to 2020, imports in kind of wheat bran, sharps, and residues to South-eastern Asia were spread across many countries. Sri Lanka (9.4% of imports in kind), Japan (8.9%), and Asia, not elsewhere specified (8.2%) together accounted for just 26.5% of total flows, demonstrating a highly diversified sourcing pattern.

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

After a two-year rise, South-eastern Asia's imports of wheat bran, sharps, and residues in value terms declined in 2020. Imports were recorded at 180.9 M $ US, down 2.7% from 2019. Between 2017 and 2020, imports increased by 8.7%, averaging an annualized rate of 2.8%. The peak value was in 2019 at 186.0 M $ US, which experienced the largest increase of 11.2%.

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

Over the 2017-2020 period, imports in value terms of wheat bran, sharps, and residues to South-eastern Asia relied on a wide range of partner countries. Japan (14.6% of imports in value terms), Sri Lanka (8.0%), and Asia, not elsewhere specified (7.0%) together made up only 29.7% of total flows, underscoring the region's diverse import sources.

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