Wheat bran, sharps and residues market in Western Asia

Earlier Report Observations

The wheat bran, sharps and residues market in Western Asia experienced an overall increase in volume from 6 293 thousand tons in 2018 to 6 832 thousand tons by 2023. This growth was initiated by a notable rise in 2019, when the market reached 6 664 thousand tons.

Market volume then entered a phase of stabilization, fluctuating between 6 550 and 6 620 thousand tons from 2020 through 2022. A clear upward movement resumed in 2023, lifting the market to its highest point within the observed period.

Production wheat bran, sharps and residues in Western 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

Western Asia's production of wheat bran, sharps, and residues saw a decline after two years of growth. In 2020, the region produced 4 552 K t, marking a 1.3% decrease from the previous year. Over the 2017-2020 period, production increased by 5.6%, with an average annual growth rate of 1.8%. The highest production volume was recorded in 2019 at 4 613 K t, which also saw the largest annual increase of 4.7%.

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

Exports wheat bran, sharps and residues from Western Asia

Exports in kind, K t

The data shows irregular changes, pointing to a volatile market environment. In 2019, exports hit their lowest point at 100 K t, with the largest decline of 70.5% that year. By 2020, exports surged dramatically to 368 K t, a 267.3% increase year-over-year, creating a 3.7-fold difference between the minimum in 2019 and the peak in 2020.

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

From 2017 to 2020, Egypt, Vietnam, and Iran were the three main markets, collectively absorbing 28.7% of Western Asia's total wheat bran, sharps, and residues exports in volume terms.

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

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

Exports in value, M $ US

The market displayed an unstable trend throughout the period. In 2019, the largest decline of 31.6% was recorded, while 2018 saw the biggest increase of 74.2%. By 2020, export value reached 66.1 M $ US, a 59.4% rise from the previous year, with a peak-to-trough amplitude of 1.9 times between 2017 and 2020.

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

Between 2017 and 2020, Egypt accounted for 15.4% of export value, Vietnam for 6.8%, and Iran for 1.0%, making them the main markets and together representing 23.2% of total export flows in value terms.

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

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

Imports wheat bran, sharps and residues to Western Asia

Imports in kind, K t

After a two-year decline, wheat bran, sharps, and residues imports into Western Asia increased. In 2019, imports reached their lowest point at 2 152 K t, with the largest decline of 3.3% that year. By 2020, imports rose to 2 366 K t, a modest 9.9% uptick from the prior year. Over the 2017-2020 period, imports grew by 5.9%, equivalent to an annualized rate of 1.9%.

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

From 2017 to 2020, Russia, Ukraine, and Italy were the principal sources for imports in volume terms, with Russia contributing 34.2%, Ukraine 23.2%, and Italy 5.0%, jointly accounting for 62.3% of total import flows.

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

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

Imports in value, M $ US

In 2019, import value hit its lowest point at 375.7 M $ US, with the largest decline of 16.6% that year, while 2018 recorded the highest value at 450.2 M $ US and the largest increase of 19.0%. By 2020, imports totaled 425.7 M $ US, a 13.3% increase from the previous year. Over the 2017-2020 period, imports rose by 12.5%, with an average annual growth rate of 4.0%.

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

Between 2017 and 2020, Russia, Ukraine, and Sudan remained the main suppliers in value terms, with Russia accounting for 31.8%, Ukraine for 21.8%, and Sudan for 7.4% of imports, collectively making up 61.0% of total import value.

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

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